Information about car, auto, motor and lorry insurance
Coverage if an insured is legally liable for bodily injury or property damage caused by an automobile. The PERSONAL AUTOMOBILE POLICY (PAP) and the BUSINESS AUTOMOBILE POLICY (BAP) cover the judgment awarded (up to the limits of the policy) and the court cost and legal defense fees. Experts advise against driving an automobile without
automobile liability insurance as a matter of common sense, and because state laws require such a policy or evidence of financial responsibility. Passengers in automobiles should assure themselves that drivers are covered by this insurance. (source: Dictionary of Insurance Terms)
Auto Insurance Liability Coverage
LIABILITY INSURANCE coverage for all sums that the insured becomes legally obligated to pay because of bodily injury or property damage, and sometimes other wrongs to which an insurance policy applies. Personal liability policies include COMPREHENSIVE PERSONAL LIABILITY (CPL), HOMEOWNERS INSURANCE POLICY, PERSONAL AUTOMOBILE POLICY (PAP), Personal Umbrella Liability, and the Uninsured Motorist Endorsement. Business liability policies include BUSINESS AUTOMOBILE POLICY (BAP), BUSINESSOWNERS POLICY, Completed Operations and Products Liability, COMMERCIAL GENERAL LIABILITY INSURANCE (CGPL), Employers Liability and Workers Compensation, MANUFACTURERS AND CONTRACTORS LIABILITY (M&C), OWNERS, LANDLORDS AND TENANTS LIABILITY INSURANCE POLICY (OL&T), Physicians. Surgeons and Dentists Professional Liability, STOREKEEPERS LIABILITY INSURANCE, Umbrella Liability Policy, and the Uninsured Motorists Coverage.
What you need to know about Auto Insurance Liability Coverage
Car Insurance and Auto Insurance Liability Coverage
An accident is an unexpected, unforeseen event not under the control of the insured and resulting in a loss. The insured cannot purposefully cause the loss to happen; the loss must be due to pure chance according to the odds of the laws of probability. For example, under a PERSONAL AUTOMOBILE POLICY (PAP) if an accident occurs, the insured is covered for loss due to his/her negligent act or omissions resulting in bodily injury or property damage to another party (source : Dictionary of Insurance Terms)
What is an accident ?