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It is an insurance policy that combines various personal insurance protections, which can include losses occurring to one's home, its contents, loss of use (additional living expenses), or loss of other personal possessions of the homeowner, as well as liability insurance for accidents that may happen at the home or at the hands of the ...
Liability protection: A standard homeowners insurance policy comes with liability protection, as well. If someone gets hurt while on your property or your negligence causes bodily harm or damage ...
Most home insurance companies will cover your personal belongings up to a specified level if they are at home, in your car or somewhere else. HO-2 policies may include liability coverage in some ...
In this home insurance guide, Bankrate’s insurance editorial team provides research to help homeowners make informed decisions on homeowners insurance. ... Personal liability coverage: This ...
For example, a homeowner's insurance policy will normally include liability coverage which protects the insured in the event of a claim brought by someone who slips and falls on the property; automobile insurance also includes an aspect of liability insurance that indemnifies against the harm that a crashing car can cause to others' lives ...
Liability insurance (also called third-party insurance) is a part of the general insurance system of risk financing to protect the purchaser (the "insured") from the risks of liabilities imposed by lawsuits and similar claims and protects the insured if the purchaser is sued for claims that come within the coverage of the insurance policy.
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