answersLogoWhite

0

You can be sued for injuring someone, even unintentionally (as when someone gets hurt on your property). Then you are liable for damages. Liability insurance pays the damages if you lose a lawsuit.

User Avatar

Wiki User

16y ago

What else can I help you with?

Related Questions

What does Liability insurance protect you against?

claims if you are at fault in a collision.


What type of insurance coverage is recommended for vending machines to protect against potential risks and liabilities?

For vending machines, it is recommended to have commercial general liability insurance to protect against potential risks and liabilities.


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.


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.


Malpractice Insurance?

form_title=Malpractice Insurance form_header=Looking for affordable malpractice insurance to protect your medical career? Get the coverage you need to protect your career from unexpected claims. Malpractice insurance needed:= () Individual Malpractice Liability Insurance () Business Malpractice Liability Insurance If you chose Business Malpractice Liability Insurance, how many employees need insured?=_ What is your professional trade?=_ Have you ever had a malpractice claim against you or your business? = () Yes () No


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.


Who offers affordable business insurance?

Zurich Insurance offers and excellent small business insurance policy. This can protect you against things like product liability and workers compensation.


What are some of the advantages of having public liability insurance?

Public liability insurance can help event planners protect themselves from cancellation and postponement. By having the right public liability insurance you can protect yourself from losing profits.


What type of insurance coverage does your roofing company offer to protect against potential damages or accidents?

Our roofing company offers comprehensive liability insurance coverage to protect against potential damages or accidents that may occur during the roofing process.


What exactly does liability insurance cover Is it worth paying for this if I'm starting a company?

It would definitely be worth getting liability insurance for your new business. It is in place to protect businesses from being sued by a third party due to negligence. Having liability insurance is a must for any business. Liability insurance, or business insurance, protects your company against lawsuits that claim you failed to use reasonable care.


What is contractual liability insurance?

Contractual liability insurance is something purchased to protect a person entering into a contract, when that contract means that they agree to be responsible for any liability.


What type of liability insurance does a homeowner need?

Homeowner's insurance covers most basic liability needs, should someone become injured on your property. Additional coverage against fire, flood, and earthquake is also recommended to protect your investment.