What is Liability Insurance Coverage?
Liability insurance coverage is a policy that protects you from financial losses caused by your conduct in an accident. This type of protection covers both property damage and physical injury.
Property damage liability coverage pays for damage to another individual's property that you caused in an accident. For example, if you rear-end someone in an auto accident, then the other driver may be able to sue you for the cost of fixing their vehicle.
Bodily injury liability coverage pays for medical costs that result from injuries caused by an accident. If anyone is hurt in an accident, then they can sue you for compensation for medical expenses, lost salaries while recovering from their injuries, pain and suffering, and any other damages they may prove in court.
Liability insurance is generally required by law in a lot of countries, so it's important to have this kind of coverage if you are a driver.
Trust Insurance Nicosia offers liability insurance plans and other kinds of protection. We serve clients in Nicosia and all around Cyprus. Get in touch with your local Trust Insurance Agent today to get more information about our products and services!
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