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.
Drinking may be a “rite of passage” for teens, but when it occurs in your home you may be held responsible for their actions.
Gun owners need to make sure that their homeowners policy covers the full value of their firearm(s) as personal liability.
There are generally 3 ways to obtain disability insurance. We're discussing these options in-depth, as well as whether or not you should consider purchasing your own policy.