Liability Insurance Law

Liability insurance law, in the context of property insurance, protects individuals and businesses from the financial risks of legal claims made against them for damages or injuries caused to others. If someone is injured on your property or if you accidentally damage someone else's property, liability insurance can cover legal costs and any settlements or judgments. Essentially, it helps you manage the risks associated with owning property, ensuring that you are not financially ruined by unexpected incidents that result in legal action.