Sentences with phrase «liability component»

PLPD is sometimes broken down into two distinct categories of coverage: PL, the personal liability component, and PD, property damage coverage.

The figure also does not speak to the ability of an individual to generate income from the asset components of their net worth, nor does consider the rates of interest associated with the liability component.

The liability component might be the biggest reason to get renters insurance because it can protect you from huge financial losses, Hungelmann says.

The figure also does not speak to the ability of an individual to generate income from the asset components of their net worth, nor does consider the rates of interest associated with the liability component.

The liability component also extends well beyond the boundaries of your home.

«While it's possible to get a homeowner policy without a liability component, it wouldn't necessarily be cheaper as these days insurance is sold as a package,» says David Meltzer, founder of the East Insurance Group.

Turns out, renters insurance includes a liability component.

A renters insurance policy not only covers your possessions, it has a liability component that will protect you in the event someone is injured in your apartment due to your negligence.

You can get a policy without a liability component, but the extra cost is so minimal that it makes sense to add it if you're going to get insured at all.

The liability component of your policy may also cover damages or injuries caused by your family members or even by your pets.

The liability component of your manufactured home policy usually does not cover personal injury claims like libel, slander and false arrest.