 Personal
Liability insurance protects your assets in the event that you (or a member of your
household) accidentally injure another person or damage someone's
property. It's known as "third-party insurance," because it protects you
if a third party files a claim against you. Liability insurance will pay
for a legal defense in the event of a lawsuit, and pay medical and/or
property claims for which you are found legally liable, up to the limits
of the policy. Personal liability insurance can be purchased as part of a
package policy (such as homeowners, renters, or auto insurance), or as a
separate policy (such as a personal umbrella liability policy).
Naturally, no one expects to be sued. But a good personal
liability
policy can definitely help to protect both your family,
and your future. |
