This is partly
because bodily injury liability insurance or its cash equivalent can be required if you are found to be at fault in an auto accident causing injury to others.
Not exact matches
It's generally at least $ 100,000, and many people elect for higher limits
because liability claims on renters
insurance can be significant, especially those involving
bodily injury or major property damage such as in an apartment fire.
Liability insurance is sometimes referred to as third - party
insurance because it pays for
bodily injury and property damage sustained by drivers and passengers in another vehicle due to your negligence.
Additionally, if you are to blame in an accident and carry single - limit
liability insurance, the injured party's attorney may press for a higher amount in a settlement
because there is no limit (with the exception of the total coverage limit) to
bodily injury coverage.
If you have automobile
liability insurance you will have coverage for third party casualty in the case of
bodily injury, this coverage extends not just to damage to the individual party and any associated medical expenses they have for treating the damage but also to the losses they incur
because of the
injury or treatment — which can include the loss of work.
However, any damage that you will suffer whether
bodily injury or vehicular, is not covered by your
liability insurance because it is only applicable to the other person's damages.
Because your homeowners or renters
liability coverage can protect you in the event you are responsible for
bodily injury or property damages, some of the items you own may give your
insurance company cause for concern.
Liability Insurance:
Insurance providing money on behalf of the policyholder to pay
because of
bodily injury or property damage caused to another person and covered in the policy.
Universal Sompo's Householder's
Insurance provides a public
liability that compensates the customer in the event of a claim that arises
because of a third party
bodily injury that occurs on his or her premises.
If possible, it is best to purchase
Bodily Injury Liability insurance that is similar to the coverage for you and your family because this will minimize financial problems and the like for you in case you become responsible for another person's bodily injuries and / or
Bodily Injury
Liability insurance that is similar to the coverage for you and your family
because this will minimize financial problems and the like for you in case you become responsible for another person's
bodily injuries and / or
bodily injuries and / or death.
Auto
liability insurance is important
because it protects the insured driver from directly having to take on the financial expenses related to the
bodily injury and property damages sustained by the other cars involved in an accident.
Because you have
liability coverage, renters
insurance covers if you cause
bodily injury or property damage to someone else accidentally.