Having liability coverage as part of auto and homeowner's policies helps protect your ________ in the event of an accident.

Question

Quizplus · Accepted Answer

Liability coverage in auto and homeowner's policies is designed to protect the policyholder's net worth by covering costs associated with damages or injuries for which the policyholder is found legally responsible, thus preventing the need to pay out of pocket.

Having Liability Coverage as Part of Auto and Homeowner's Policies