Question

 What does liability insurance pays for?

Answer It pays to another party if you injure them or damage their property.
http://wiki.answers.com/Q/What_does_liability_insurance_pays_for

Top Q&A For: What does liability insurance pays for

If you have liability insurance only in a no-fault state and you were rear-ended and vehicle totalled who pays for the replacement or repair of the vehicle?

%DETAILS%%FOLLOWUPS% Answer Michigan's no fault law is really a pain. If you only had liability insurance, even if you weren't at fault, you're responsible for the damages to your vehicle. If the o... Read More »
http://wiki.answers.com/Q/If_you_have_liability_insurance_only_in_a_no-fault_state_and_...

If a hit and run vehicle knocks an insured moving vehicle into your liability-only parked vehicle whose insurance pays for damage to your car?

Answer The "At Fault" party is responsible for your damage, regardless of who ran. The driver who ran from the scene is not necessarily the at fault party. The question is who caused the accident? ... Read More »
http://wiki.answers.com/Q/If_a_hit_and_run_vehicle_knocks_an_insured_moving_vehicle_int...

What type of liability insurance can you get to lease a commercial building for personal non-business use or is an umbrella policy from your homeowners liability insurance enough for the landlord?

Umbrella policies are often written as "following form" which means it only provides coverage if your primary (i.e. homeowners policy) provides coverage. Ask your insurance agent if you need to add... Read More »
http://wiki.answers.com/Q/What_type_of_liability_insurance_can_you_get_to_lease_a_comme...

What is the difference between Comprehensive General Liability insurance and Public and Products Liability insurance?

The correct term is COMMERCIAL GENERAL LIABILITY. The term Comprehensive General Liability is a old term that was at one time used as well as Public and Products Liability. These terms are often us... Read More »
http://wiki.answers.com/Q/What_is_the_difference_between_Comprehensive_General_Liabilit...


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