Phrases with «liability policy»

A liability policy is a type of insurance that helps protect individuals or businesses from financial losses if they are found legally responsible for causing harm or damage to others. It covers the costs of legal fees, medical expenses, or property damages resulting from a lawsuit or claim made against the policyholder. Full definition

Related phrases

Sentences with «liability policy»

  • Also check to make sure the contractor has an umbrella general liability policy. (rismedia.com)
  • You can buy a $ 1 million personal umbrella liability policy for about $ 150 to $ 300 per year. (iii.org)
  • As such, it was excluded from the usual requirement that it be insured under a motor vehicle liability policy. (ottawa-attorneys.ca)
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