What types of damages are covered in liability insurance?

In Oregon, liability insurance covers damages that are typically linked to accidents or injuries to another party. This type of insurance is designed to help protect policyholders from having to pay the costs for any damages or injuries they may have caused. In Oregon, liability insurance is broken down into two categories: property damage liability and bodily injury liability. Property damage liability covers any physical damage or destruction to another person’s property caused by the policyholder. This can include damage to another person’s car, house, or other property from an accident or injury. Bodily injury liability covers any medical bills, lost wages, or other costs that are related to an accidental injury caused by the policyholder. In general, liability insurance also covers certain legal costs that may arise from a lawsuit related to an accident or injury. This can include attorney fees, court costs, and other expenses related to defending an insured party in court. In summary, liability insurance in Oregon covers damages for property damage, bodily injury, and legal costs related to an accident or injury that is caused by the policyholder. This type of insurance is designed to protect policyholders from having to pay the costs related to an accident or injury they may have caused.

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