What are two components of liability insurance?

Liability insurance has two main components: bodily injury coverage and property damage coverage. Bodily injury coverage helps pay for medical expenses and legal fees if someone is injured due to your actions or negligence. Property damage coverage helps cover the cost of repairs or replacements if you damage someone else’s property.

Posted by Alyssa DiCrasto

Alyssa uses her many years of experience writing about complex industries to research and create clear content that makes insurance easy to understand. She has been with Rate Retriever since its beginning, establishing our strict editorial policy and directing our comparison experience.

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