The answer is found in the insuring agreement of the policy. It states that the company(insurance carrier) will pay all sums the insured is legally obligated to pay for bodily injury and property...
Liability insurance covers the insured against the claims of others. For example, your neighborhood kid wanders in your back yard, falls into the unguarded/unfenced pool and drowns. Or your mailman...
The amount of coverage and the specifics of coverage will vary from policy to policy. In general liability insurance will cover damages to individuals or entities other than the insured individual....
If you are a freight company, involved with handling freight of others, you will need a motor truck cargo policy if you expect to cover damages to other's freight, which is in your care, custody or...
There is no such thing as a "comprehensive" general liability policy. It is "commercial" to differentiate it from personal-lines coverage. It is commercial general liability policy, or CGL; a...