What is liability coverage?

Answer LIABILITY COVERAGE Refers to coverage for liability that an individual has if he or she should negligently injure another person or another person's property.

Top Q&A For: What is liability coverage

What is the difference between contractors general liability coverage contractors professional liability and builders risk coverage?

Answer Builders Risk - 1st Party coverage for a building under construction - covers the Property - building & materials.Contractors GL - Covers your exposure for causing Bodily Injury or Property ... Read More »

Why is uninsured motorist coverage required in states that require liability coverage?

Answer UM (uninsured motorist) coverage is not required in all states that require liability coverage. However, UM is an important coverage in auto insurance because it steps in and pays for your b... Read More »

What Is Contractual Liability Coverage?

A type of insurance for businesses, contractual liability coverage protects companies from financial losses that may arise due to a lawsuit filed against someone with whom the company has a busines... Read More »

What is liability insurance coverage in Oregon?

Oregon is one of 48 states that requires liability insurance coverage for all vehicles registered and driven in the state.LawOregon law requires drivers to have a minimum amount of liability insura... Read More »