What is the difference between liability insurance and personal injury insurance?

Liability insurance and personal injury insurance are two different types of insurance that are available in Minnesota. Liability insurance is designed to protect an individual or a business from financial losses if they are determined to be legally responsible for damage to another person or their property. It can also cover the cost of legal fees to defend the insured in the case of a lawsuit. Personal injury insurance, on the other hand, is specific insurance that is designed to cover medical costs and lost wages that are the result of an injury. This type of policy will also typically cover pain and suffering incurred by the injured person. The main difference between the two types of insurance is that liability insurance does not cover medical costs or wage loss, while personal injury insurance does. Liability insurance is designed to provide legal protection in cases of negligence, while personal injury insurance is designed to provide financial protection for the injured party in cases of injury.

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What is the difference between liability insurance and personal injury insurance?

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