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The definition of liability in insurance claims means that the insured is protected in case they are sued. This coverage includes legal costs and payouts.

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Q: How does the definition of liability apply to insurance claims?
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Related questions

Where can I apply for limited liability insurance?

Limited liability insurance can be purchased from many insurance companies. An explanation of limited liability insurance can be explained by a qualified insurance agent.


What is event liability insurance?

www.asui.com/products/events/eventliability.htm www.nasep.org/insurance-apply-now.jsp websites such as these can tell you what event liability insurance is


How does one apply for public liability insurance online?

To apply for public liability insurance online, one must decide on an insurance company that provides public liability insurance. Next, you must go to their website online and find the form to fill out. Then you must put your personal information, and decide a plan for insurance. Then you must pay for it.


Where can one obtain a certificate of liability insurance?

The Certificate of liability insurance refers to a paper that summarizes the benefits of an insured party's insurance policy. In order to get or obtain a certificate of liability insurance one can apply online on TechInsurance or through their local insurance company.


Business Liability Insurance ?

form_title=Business Liability Insurance form_header=Protect your business with the right business liability insurance for your needs. What is the annual revenue of your company?=_ Does your company currently have insurance coverage?= () Yes () No What type of business liability insurance do you need? (Check all that apply)= [] General Liability [] Workers Compensation [] Business Owners Policy (BOP) [] Property [] Professional Liability [] Business Travel [] Business Automobile


What happens in a hit and run and you have uninsured motorist in your liability insurance?

Liability only protects you from claims, UM is almost always only for injuries only. If they caused the damage, you have to track them down and make a claim against their insurance if they have any and you can find them. Check with your agent, we can only provide general answers that apply to most people in most states.


Commercial Insurance?

form_title=Commercial Insurance form_header=Manage your risk with a commercial insurance policy tailored to fit your specific business needs. Number of Full Time Employees:=_ Currently Insured:= () Yes () No Years In Business:=_ Type of Insurance Needed (Check all that apply):= [] Business Owners Policy [] Commercial Auto Insurance [] Business Property Insurance [] Business Liability Insurance [] Home Business Insurance [] Workers' Compensation [] Business Umbrella Liability [] Professional Liability Insurance [] Directors and Officers Liability [] Business Identity Theft [] Group Health Insurance [] Business Life Insurance [] Key Person Life Insurance [] Agricultural Insurance [] Product Liability Insurance [] Personal Insurance [] Not Sure [] Other


Will insurance cover on a company vehicle?

If your question concerns liability insurance, ordinarily, liability insurance on a company vehicle will apply to you if you are endorsed as an authorized driver of the car and if you are driving it on a company mission.


Does liability insurance cover you from an uninsured motorist?

No. Liability insurance protects you from claims by third parties if an occurrence is alleged to be your fault and the third party claims compensable damages. It indemnifies you (pays damages on your behalf), and provides a defense (hires and pays an attorney at its own expense-if it wishes to contest liability or damages). A liability insurance policy is triggered only if the allegations made against you arise from a type of risk contemplated by the policy--for example, an auto liability policy will not apply to a trip-and-fall claim made in a store that you operate. Uninsured motorist coverage is a different coverage. It pays to you the same kind of damages, based upon an assessment of relative fault and seriousness of damages, that the at-fault party's liability insurance would have paid if that person had liability insurance. It generally applies to only bodily injury damages-not property damage. A useful paradigm by which to think about it is that liability coverage is "third-party" coverage (pays to injured third parties based upon your fault), whereas uninsured motorist coverage is "first party" coverage which you maintain as a source of compensation for yourself if the at-fault has no bodily injury liability coverage.


Can you cancel health insurance with pending claims?

I'm not an authority on health insurance. But would think the same would apply (but please check), that if your policy were in effect on the 'date of loss' then coverage would apply.


Do you need supplemental liability insurance when you rent a car?

Your liability coverages should apply, if you feel you need more coverage when you are renting a car then when you are in your own car I would go ahead. Usually their insurance is not necessary, I would verify this with your agent though.


Where can I find commerce insurance online?

CommerceInsurance.com offers personal and property insurance and casualty insurance. On the easy to navigate website, you can apply for car and home insurance, and even a liability umbrella protection policy; or even file a claim.