What does Liability Coverage mean? Read on to discover the definition & meaning of the term Liability Coverage - to help you better understand the language used in insurance policies.
Liability coverage is a form of insurance that protects the insured against the risk of being sued or being held legally liable for damage, injury, or other negligence. It pays for both legal fees and payouts in case the insured is found legally responsible.
We hope the you have a better understanding of the meaning of Liability Coverage.