Property coverage pays benefits to a third party if you cause a loss or if someone causes you to have a loss, his or her liability insurance would pay benefits to you.

Question

Quizplus · Accepted Answer

Property coverage is designed to cover damages to or loss of an individual's own property, not to pay benefits to a third party. Liability insurance, on the other hand, covers damages for which the insured is legally responsible to a third party.

Property Coverage Pays Benefits to a Third Party If You