Which of the following costs does an insurer agree to pay in a liability policy?
A) Sums an insured becomes legally obligated to pay to another party.
B) Sums an insured loses because he experiences damages to his personal property.
C) Sums an insured loses because he experiences damage to his personal property.
D) Sums an insured loses because of coinsurance costs after an accident.
Correct Answer:
Verified
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