What Is Personal Liability Insurance And How Does It Work?

Yusra3

VIP Contributor
Personal liability insurance is a type of insurance that protects you and your family from financial losses caused by bodily injury or property damage you may cause to other people.

Personal liability insurance is typically required by employers, business owners, and government employees. It also comes with many benefits that can save you money:

1. Protects against lawsuits filed by people who have been injured by your negligence or mistakes.

2. Gives you peace of mind knowing that you won't have to pay for medical care, lost wages, or other expenses resulting from an accident unless you caused it.

3. Reduces the risk of having to pay for legal defense costs if you are sued for an accident you caused.

4. Some types of personal liability insurance include umbrella policies (which are supplemental), medical payments coverage (which pays for medical expenses related to an accident), and uninsured motorist coverage (which pays for damages caused by another driver who does not have sufficient insurance).
 
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