What Is Liability Insurance?
The term liability insurance refers to an insurance product that provides an insured party with protection against claims resulting from injuries and damage to other people or property. Liability insurance policies cover any legal costs and payouts and insured party is responsible for if they are found legally liable. Intentional damage and contractual liabilities are generally not covered in liability insurance policies. Unlike other types of insurance, liability insurance policies pay third parties—not policyholders.
For more information on liability insurance to protect you and your your assets please contact us today. We can help you find the best policy to protect any and all of your assets against any possible future claims. Contact us to learn more about the right business insurance for you. |