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Insurance liability is found in different scenarios, but for this example I will use Auto Insurance liability. Most automobile lenders require anyone with an auto loan to have insurance liability. This means if you cause an accident while operating your vehicle, you may be made liable to pay the costs of damages and medical bills. While insurance liability is a good thing to have, especially if you are the one who is the victim of an accident, it can also be a costly, though necessary thing to have.
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What is a public liability insurance and how is it used?
In a nutshell, public liability insurance is a special insurance a business or a commerce can buy to protect itself financially in case of a lawsuit brought against it by a patron injured at/on it's premises.
The percentage of liability suits against church which are settled?
Does liability insurance save a church from liability suits.
What is the difference between employers' liability insurance and public liability insurance?
The difference between employers liability and public liability are simple. Employer liability insurance covers only claims made by the employees against the company. Public liability covers claims against the company by the general public as well as third parties claims.
What kind of liability insurance is needed?
That depends on what your trying to insure against. There are many types of liability insurance in the market place.
What is homeowners liability insurance for?
The liability portion of your home insurance policy provides protection in the event someone asserts a claim of liability against the homeowner for damages or injuries.
What does comprehensive general liability insurance cover?
Comprehensive general liability insurance covers businesses against many liability exposures of a business. Comprehensive general liability insurance coverage includes completed operations, elevators, independent contractors, and more.
What is the purpose of public liability?
Public liability is a type of insurance policy. This insurance protects or covers the user for legal liability to third parties (that is, potential lawsuits against them imposed by third parties).
What does Professional Liability Insurance mean?
Professional Liability Insurance (also known as Errors and Omissions Insurance) insures businesses with the defense they need if a dissatisfied client makes a claim against it.
Liability Insurance?
form_title=Liability Insurance form_header=Ensure that your assets are properly protected from any lawsuits that may be brought against your company. Liability insurance can safeguard against several known and unknown risks. Type of liability insurance needed?= {(),Business Liability Insurance,Property Liability Insurance,Commercial Liability Insurance,Professional Liability Insurance,Directors and Officers Liability Insurance,Product Liability Insurance,Other,Not Sure} Have you ever had liability insurance before?= () Yes () No Business Type:=_ Years in business:= {(),0,1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16,17,18,19,20,21,22,23,24,25,26,27,28,29,30,31,32,33,34,35,36,37,38,39,40,41,42,43,44,45,46,47,48,49,50,More}
Do you need a car to get liability insurance?
Automobile Liability insurance, YES. Liability insurance, NO. There are many kinds of liability insurance.
Does a weed shop in CA have to have liability insurance?
Any brick and mortar store is required to have certain kinds of insurance to protect them and their customers against harm. This is a place of business - even churches have liability insurance policies.
What will happen if someone sues your homeowners insurance How will this affect me?
First the suit will not be filed against the insurance company but against you as the homeowner. Your insurance company will come in and protect you from the suit. This is covered under your liability section of the insurance policy. Your coverage includes legal fees in addition to the amount of coverage on your liability section.
