What is liability insurance?

Liability insurance is a type of insurance that protects people and businesses from financial losses related to an accident or injury. It covers physical injury, property damage, and medical expenses. In the state of Washington, liability insurance is required for businesses or people who own large vehicles, such as commercial trucks, and for those who have employees in their workplace. Liability insurance works by protecting a person or business from any financial losses related to an accident or injury caused by their negligence. This type of insurance pays for the legal costs and any other damages if a person or business is found to be responsible for the accident or injury. Many people and businesses are not aware of the importance of liability insurance. It is important to have liability insurance in order to protect oneself from potential lawsuits related to an accident or injury. Without liability insurance, one may be financially responsible for all the costs associated with an accident or injury. Additionally, liability insurance can help protect one’s assets. This includes property, vehicles, and other items of value that may be at risk if an accident or injury occurs. Liability insurance is an important form of protection for people and businesses in the state of Washington. It is important to make sure that one has the right type and amount of liability insurance to protect oneself from any potential financial losses.

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