Answer: Liability insurance protects the insured party from different claims when there are injuries or some kind of damage to people or property.
Explanation:
Liability insurance covers legal costs as well as the payouts that are the responsibility of the insured party. These policies do not cover intentional damage as well as the different contractual liabilities.
Liability insurance applies to those who are responsible for injuries to others, or it is also applied when the insured party intentionally spoils someone's property. Liability insurance policies are getting by a person who has a business, or a car. It means any person who could be demanded for damages.
