Insurance

What is a Liability?

Liability

[lahy-uh-bil-i-tee]

noun

1.

Liability is the portion of your Policy that covers you in the event you are found to be responsible for injuries to other individuals or property. Typically, all property and casualty policies, whether home, auto, or other, have personal Liability written into them.

Have A Question About This Topic?

Related Content

Raising Healthy Children

Raising Healthy Children

Healthy habits are one of the greatest gifts to give your child.

Data Thieves from Outer Space

Data Thieves from Outer Space

Learn about the dangers of internet fraud with this highly educational and fun “pulp” comic.

5 Key Points for Choosing a Life Insurance Policy

5 Key Points for Choosing a Life Insurance Policy

While price is a big factor, there are other important factors to consider when choosing the right life insurance policy for you.