What protection does liability insurance provide?

Liability insurance is designed to protect an individual or business from legal claims resulting from injuries or damages they may cause to another party. This type of coverage specifically addresses legal liability that arises due to negligence or the failure to act in a reasonable manner, which can lead to harm to others or damage to their property.

When an individual has liability insurance, they benefit from financial protection against claims that may require compensation for damages or legal defense costs. This includes situations where someone might be injured on their property or if they inadvertently cause an accident that results in others suffering harm.

The other options refer to different types of coverage: protection against theft relates to personal property insurance, coverage for accidental injuries may pertain to health insurance or personal injury protection, and insurance against natural disasters falls under property insurance policies such as homeowners or renters insurance. Each of these serves a distinct purpose, separate from the legal protection offered by liability insurance.