That's the «risk retention» that you continue to be responsible, and then from there the policy pays up to the policy limit for your personal property. (effectivecoverage.com)
Your policy will defend you against lawsuits and pay for losses up to the policy limit. (effectivecoverage.com)
Liability coverage will pay up to the policy limits for medical injuries and property damage for which the policyholder is liable as a result of an accident. (onlineautoinsurance.com)