Insurance

What is a Liability?

Liability

[lahy-uh-bil-i-tee]

noun

1.

Liability is the portion of your Policy that covers you in the event you are found to be responsible for injuries to other individuals or property. Typically, all property and casualty policies, whether home, auto, or other, have personal Liability written into them.

Have A Question About This Topic?

Thank you! Oops!

Related Content

Why An Annuity May Be Key to Your Retirement Plan

Why An Annuity May Be Key to Your Retirement Plan

If you’re looking for a way to supplement your income in retirement, an annuity may be for you.

Is Your Insurance Santa Proof?

Is Your Insurance Santa Proof?

The holiday season isn't complete until you've watched your favorite Christmas movie. Consider how the aftermath of these favorite movie mishaps would play out in real life.

Did You Know This Fact About Night Safety?

Did You Know This Fact About Night Safety?

Follow this tip to increase your children's visibility at night.