Liability Archives

Difference Between Limit of Insurance and Limit Of Liability

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Limit of Insurance: It is the Maximum amount of money insurance companies will pay against your claim. It is the most important aspect when choosing your Insurance. If you exceed the insurance limit you will be responsible for paying those expenses.

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What does Guest Liability mean in Insurance?

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Guest liability is an add-on coverage taken by the owner of a home in their insurance policy that will cover the medical expenses incurred on guests on your property when the guest accidentally got injured. This type of coverage can help the homeowner to cover expenses regardless Read more…

Liability Coverage in Insurance

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If you cause an accident on your property or someone is wounded on your land, you may be held legally responsible for the resulting costs, such as medical or legal bills. Liability coverage can shield you against these types of costs, which is why it’s important to know the Read more…