________ is a policy that covers loss or injury to a third party caused by the insured or something belonging to the insured.

Question

Quizplus · Accepted Answer

Liability insurance covers losses or injuries to third parties caused by the insured or something belonging to the insured. This can include property damage, bodily injury, or legal fees if the insured is sued for the damages. Automobile insurance and HMO insurance are more specific types of insurance that may include liability coverage, but liability insurance is a broader term that can apply to various situations beyond just auto or health insurance. An insurance premium is the amount the insured pays to the insurance company for coverage.

________ Is a Policy That Covers Loss or Injury to a Third