{ "@context": "https://schema.org", "@type": "DefinedTerm", "name": "Liability Coverage", "description": "Liability coverage pays for injuries or property damage you cause to other people. It is the most important coverage on most policies because it protects your personal assets from claims against you.", "inDefinedTermSet": { "@type": "DefinedTermSet", "name": "Insurance Terms Glossary", "url": "https://olivecover.com/insurance-terms" } }
Olive Cover
AboutFree Coverage Review
General

Liability Coverage

Liability coverage pays for injuries or property damage you cause to other people. It is the most important coverage on most policies because it protects your personal assets from claims against you.

Pays for injuries or property damage you cause to other people. The most important coverage on most policies, because it protects you from being personally on the hook. Example: you rear-end a car and cause $40,000 in injuries to the driver and $20,000 in vehicle damage. Your $100,000 bodily injury and $50,000 property damage liability cover both. State minimum limits would have left you owing money personally.