What is liability insurance?
Transcript
Liability insurance covers an individual when they are at fault for an accident. It’s also called bodily injury coverage. It’s when an individual gets into an accident that is their fault and they’ve hurt someone else. They’ve caused injury or damages to someone else. This often times comes in increments of ten thousand dollars that the insurance company will sell someone. Often times an individual has at least $10,000 of bodily injury coverage that they can then, the insurance company will pay someone to cover someone else’s medical expenses.