Liability Insurance

Legal requirements would be dependent on you local regulations, so you'll need to check with your local authority to determine if it is required.

Bear in mind though that most prudent companies and individuals would not hire a contractor who can not insure his activities.

Uninsured contractors tend not to grow their business well and are not considered serious contenders for the more lucrative and profitable contracts. Bids are often ignored when submitted by an uninsured contractor.

Yes, Land owners can and regularly do obtain insurance to cover potential liabilities

It would be considered a pointless and frivolous law suit. It s not possible under color of law to be liable to ones self.

Your liability Insurance provides for coverage and defense from liabilities asserted by others. Not by ones self.

Homeowners insurance is not designed or intended to replace a major medical insurance policy.

If when you selected medical coverage when purchased your home insurance policy you could look to that portion of your policy for some coverage, although it is generally not sufficient to cover a serious injury. If you chose the economy route and did not opt for medical coverage then you'll need to rely on your health and medical insurance policy to cover accidental injuries regardless of where the injury occurred.

You need to post the property as "Private Property" and "No Trespassing". You are not responsible to people who come across your property without permission and are certainly not liable for damage to their vehicle when they are trespassing. Homeowner Liability Coverage will only pay for damages that you are legally responsible for paying and they will also pay for defending you. However, if you do not take steps to protect yourself like posting the property and even closing the road however you need to then the insurance company will cancel your insurance. You are required to mitigate your damages and keep them from happening. The local and state governments do not pay for damage to anyone's vehicle because they hit a pothole.

Professional Liability Insurance provides coverage if the professional makes a mistake that causes financial harm to another

The coverage invokes for claims of negligence, breach of contract, or both.

Professional Liability Insurance or an Errors and Omissions policy provides coverage for liabilities that may arise from the practice of your profession.

No you'd have to file your loss notice with the company that insures your car or your medical insurance policy.

Homeowners Insurance policies provide no coverage for the automobiles.

Uh even if I gave you my code for it, it only works once per account. Go buy one yourself on HeroMart or at a near toys r us store in the us

Yes.

Yes, you can, but it depends on what kind of felony you are talking about.

In Texas, you are required to fully disclose any felony record on your license application. Failure to do so will automatically suspend your application.

Certain types of felonies such as financial crimes, and crimes involving forgery or public deception, etc. would disqualify you for an insurance license in Texas.

General liability code 55649 typically refers to a specific classification used in insurance underwriting to categorize risks associated with certain types of businesses or activities. This code may pertain to a particular industry or service, impacting the coverage options and premiums for general liability insurance. For precise details, it's best to consult with an insurance professional or reference the classification system used by your insurance provider.

Yes, of course. If you are liable for the damages you are required by law to cover the losses.

Having a police report or not having a police report has no bearing on your liability and resulting financial responsibilities.

Although most minor accidents do not merit a police report, the insurance companies recommend an accident report be filed whenever possible to document the occurrence and protect the drivers and the company from individuals who may later try to shirk their financial responsibilities.

If you have insurance then your insurance company will cover the loss for you up to your policy limits. If you are uninsured then you are required to pay the damages yourself.

59914-0-Metal Works - shop - decorative or artistic

Liability insurance typically covers damages you cause to other people's property, but it generally does not cover damage to your own vehicle or property. If you hit a pole, your liability insurance may cover the damage to the pole if it belongs to someone else, but you would need collision coverage to repair your own vehicle. Always review your specific policy details for clarification on coverage.

Yes, In New York, that is true for medical professional liability.

Contractors - subcontracted work - in connection with building construction, reconstruction,

repair or erection - one or two family dwellings

This term refers to the maximum amount of money that the insurer is obliged to pay on your behalf in the event of a collision. The premium that you pay to the insurer for this protection is a function of many factors, once of which is the liability limits.

Liability limits are usually expressed in terms of an amount payable per person, and a larger amount payable per event or occurrence. This means that if an event occurs that is your fault and that is covered by the policy, the insurer may be required to pay a maximum of $X to each person who is injured or harmed. Further, it means that if multiple people were injured or harmed by the same occurrence, the insurer is liable for payment of up to the "per occurrence" limits, but no more.

All of this is contingent upon the person insured being legally liable for the occurrence. This generally means that the person must be found to have been negligent.

Your insurance agent will advise you of the bare minimum insurance you absolutely need, but you can be sure "liability" will be part of it, yes.