Liability (Property Damage, Bodily Injury, Home, General, Product, Strict)

Rough synonyms for liability would be fault or responsibility. This coverage pays for bodily injury or property damage for which a policyholder is responsible. In an insurance context, liability is determined by negligence and concepts such as 'strict liability' and 'contractual liability'.

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Similar Glossary Words

• Liability (Property Damage, Bodily Injury, Home, General, Product, Strict)
• Auto Liability
• Strict Liability
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