This person will then oversee the sale of your most expensive assets in order to contribute towards paying off your debts. (moneyexpert.com)
They make money by selling the more expensive asset short and buying the cheaper one, sometimes delivering it in place of the borrowed asset they need to replace. (fortune.com)
The added coverage provided by liability insurance is most useful to individuals who own a lot of assets or very expensive assets and are at significant risk for being sued. (investopedia.com)