civil liability
Liability insurance
You will need the basic liability insurance. This means that you will be covered for the other person's car if you are in fact responsible for the accident.
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DEPENDS.ARE YOU TALKING INDIVIDUAL, BUSINESS, CORPORATION, ETC. SIMPLEST ANSWER FIRST. A PERSON HOMEOWNER's insurance has personal liability coverage. i can'REALLY ANSWER YOUR QUESTION WITHOUT MORE DETAILS. most businesses have public liability insurance, usual in the form of an SMP policy, whicH means special multi peril.
You are subject to liability insurance requirements whether or not an accident occurs. An accident has nothing to do with liability requirements. You are required to have liability insurance of at least the minimum required by your state before getting into a vehicle and driving it. Driving is what triggers the law.
There is always a mandatory insurance. There is an auto insurance policy, there is self insurance, there is a certificate of deposit, and there is a liability bond.
The types of Motor Insurance coverages that are available are Auto Liability Insurance, Liability Car Insurance, Personal Injury Protection and Collision only. The type of coverage also depends on the state as they have different laws.
state insurance law
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New Mexico does require that its drivers have car insurance. The minimum car insurance required is at least liability.
In Florida, there are two laws to consider when purchasing liability insurance. First is the Financial Responsibility Law and the second is the No Fault Law. You must meet state minimum requirements for both laws. Compare quotes for best prices.