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Why should you carry liability coverage?

Updated: 8/20/2019
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Q: Why should you carry liability coverage?
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What is liability coverage?

LIABILITY COVERAGE Refers to coverage for liability that an individual has if he or she should negligently injure another person or another person's property.


Do you have to have full coverage on a sports bike if you get a bank loan or will liability due?

More than likely your lien holder will require you to carry collision and comprehensive coverage in addition to liability coverage, this is to protect them/their investment.


How much premisis liability insurance does a k mart store carry?

That's up to Kmart. They can carry as much or as little coverage as they choose. There is no law that requires them to carry liability insurance at all.


Does liability coverage cover injuries to another person?

It should.


Does liability pay for injuries?

It should to others, but if you have liability only, you may have only the minimal coverage req'd.


If you only carry liability insurance on a vehicle can you let your child drive it if they do not live with you?

All drivers should be listed on your policy to be a covered driver. you should add your child to your auto policy for proper coverage.


What are the requirements for PA auto insurance?

In PA you are required to carry at least liability coverage. This is the law in most states.


What is the average liability insurance a 23 year old should have on his car?

There is no average. You need to have as much liability coverage as you can afford to carry. You must have enough to cover everything you own and your future earnings as you can loose this if you have an at fault accident and hurt someone.


I need cheap car insurance, so should I just purchase liability coverage, or go with full coverage?

If the car you have is new, it is safer to go with full coverage. If it is old there is likely little reason to bother paying for more than liability coverage.


Can a staffing agency require you to carry your own liability insurance if they place you in a driving position for a company that already fully cover their vehicles?

Sure they can. If you don't like the requirements of the job then don't take that job. They are probably going to insist that you carry a limit if liability equal to their limit as well as the requirement to carry coverage. If you have an accident you will probably be sued and they will be sued as well. In order to protect their insurance coverage they will require you to have this coverage for an accident that is your fault.


What is the Liability of homeowner acting as General contractor?

Homeowners insurance does not have liability coverage for your job occupation. You can obtain contractors insurance for liability coverage.


Components to liability coverage under an auto policy?

Liability Coverage under an auto policy has what components: Medical payments Collision Comprehensive None of these Liability Coverage under an auto policy has what components: Medical payments Collision Comprehensive None of these Liability Coverage under an auto policy has what components: Liability Coverage under an auto policy has what components: