It's
your responsibility for any bodily injury or property damage that you cause to someone else.
General liability and auto liability for your legal
responsibility for the bodily injury or property damage of others
It's
your responsibility for any bodily injury or property damage that you cause to someone else.
Not exact matches
Liability coverage pays
for your legal
responsibility to others
for bodily injury or property damage.
Liability coverage pays
for the policyholder's legal
responsibility to others
for bodily injury or property damage.
It also won't cover
bodily injury to an employee caused by a fellow employee,
responsibility for damage you assume under a contract and losses that should be handled by a Workers Compensation, Disability Benefits or Unemployment Compensation Law.
Liability coverage,
for the legal
responsibility to others
for bodily injury or property damage
All states require either insurance or a proof of financial
responsibility, and in most, coverage
for bodily injury and property damage liability is mandatory.
For the purpose of this section, an «uninsured motor vehicle» shall be a motor vehicle as to which there is no
bodily injury liability insurance and property damage liability insurance in at least the amounts specified in subsection (c) of G.S. 20 - 279.5, or there is that insurance but the insurance company writing the insurance denies coverage thereunder, or has become bankrupt, or there is no bond or deposit of money or securities as provided in G.S. 20 - 279.24 or 20 - 279.25 in lieu of the
bodily injury and property damage liability insurance, or the owner of the motor vehicle has not qualified as a self - insurer under the provisions of G.S. 20 - 279.33, or a vehicle that is not subject to the provisions of the Motor Vehicle Safety and Financial
Responsibility Act; but the term «uninsured motor vehicle» shall not include:
Liability insurance pays
for the policyholder's legal
responsibility to others
for bodily injury or property damage.
Your minimum
responsibility is $ 50,000
for bodily injury (per accident), $ 25,000
bodily injury (per person), and $ 25,000
for property damage.
The Texas Motor Vehicle Safety
Responsibility Act sets the minimum limits of coverage at $ 30,000
for bodily injury liability per person in an accident, $ 60,000 total
bodily injury liability per accident, and $ 25,000 property damage liability.
The South Dakota Financial
Responsibility Law requires a minimum auto insurance liability of $ 25,000 per person, $ 50,000
for bodily injury per accident, and $ 25,000
for property damage per accident.
The New York Financial
Responsibility Law mandates that all motorists be insured
for a minimum of $ 10,000
for property damage,
bodily injury liability of $ 25,000 per person / $ 50,000
for the death of a person in an accident, and
bodily injury liability of $ 50,000 per person / $ 100,000
for the death of two or more people in an accident.
Liability coverage pays
for your legal
responsibility to others
for bodily injury or property damage.
Note that liability often covers your
responsibility for libel, slander, and other
bodily injury claims.
According to the Florida Financial
Responsibility Law, any at - fault driver who is deemed responsible
for an auto accident resulting in
bodily injury and / or personal property damage to others must have at the time of the accident full auto liability insurance protection.
Bodily injury liability coverage protects the insured policy holder from direct financial
responsibility for the medical costs and other related expenses stemming from
injuries sustained by drivers and / or passengers you might have run into in an accident
for which you are found liable.
But his primary concern is that you be able to take financial
responsibility for your actions should they cause property damage or
bodily injury to someone.
First, you have legal
responsibility for property damage or
bodily injury to third parties in an accident you cause, and you may face a lawsuit that could devastate your finances.
Otherwise, this legal
responsibility can result in out - of - pocket costs
for another person's property damage,
bodily injuries or hospitalization, and even legal fees if you are sued.