What Liability Insurance Covers
Liability insurance is a required coverage that provides financial payments to anyone involved in an accident that you caused. This can cover injury to another person, automobile or property of any kind. Maintaining the right level of liability is crucial for every business. In the event of an accident, any and all costs not covered by insurance are the owner’s responsibility. No owner wants to lose his or her business due to a lack of insurance coverage. Here are some common liability insurance claim payouts:
Automobile Accident
Accident Cleanup
Building Damage Coverage
Lawsuit & Litigation
Medical Payments
Towing & Storage