Answered

IDNLearn.com provides a collaborative environment for finding and sharing answers. Ask your questions and get detailed, reliable answers from our community of experienced experts.

What type of insurance coverage provides protection from claims of injuries or damage to people or property? It is also called third-party coverage.

A. Third-party liability insurance
B. Liability insurance
C. Malpractice insurance
D. Personal injury insurance

Sagot :

GinnyAnsweridn

Final answer:

Liability insurance provides protection from claims of injuries or property damage, impacting various insurance policies and individual behavior.


Explanation:

Liability insurance is a type of insurance coverage that provides protection from claims of injuries or damage to people or property. It is also known as third-party coverage. In the context of car insurance, drivers are often required to have liability coverage to cover accidents they cause to others.

Liability is an essential part of various insurance policies, such as homeowners' insurance, where it covers injuries that occur on the property up to a certain limit. Insurance contracts include components like deductibles and copayments to influence individuals' behavior and prevent moral hazard.


Learn more about Liability insurance here:

https://brainly.com/question/43284913


We appreciate every question and answer you provide. Keep engaging and finding the best solutions. This community is the perfect place to learn and grow together. Find clear answers at IDNLearn.com. Thanks for stopping by, and come back for more reliable solutions.