Spring 2021Liability insurance The kinds, the coverage and the cost Liability insurance is designed to protect you and your assets from accidental injury or damage to someone else or their property
Liability insurance is designed to protect you and your assets from accidental injury or damage to someone else or their property. We explain what liability protection covers and what to consider when filing a claim. Read more.
Many consumers see the repair or replacement of their home after it's damaged in a fire or other disaster as the most valuable benefit of homeowners insurance. In reality, the liability portion of the policy could prove even more valuable if personal assets--including future earnings--are on the line in a lawsuit. Read more.
Drivers need enough auto liability coverage to protect their financial health and others, without doubling up on coverage or paying for unnecessary extras. Here's what to consider before you hit the road. Read more.
Renters insurance covers theft of or damage to renters' personal property. Less understood is the liability coverage protecting renters from costly damages or bodily injury bills and lawsuits that they are responsible for. Read more.
Unlike personal liability insurance, business liability coverage isn't always simple and straightforward. Understanding the options can help entrepreneurs protect their assets and keep their business from shuttering in the event of a lawsuit. Read more.
Learn more about the process of filing a claim under your liability coverage, depending on the type of coverage and the damage you're claiming. Read more.
Consumer Action www.consumer-action.org
Consumer Action has been a champion of underrepresented consumers nationwide since 1971. A nonprofit 501(c)(3) organization, Consumer Action focuses on financial education that empowers low- and moderate-income and limited-English-speaking consumers to financially prosper.
By providing financial education materials in multiple languages, a free national hotline and ongoing financial services research, Consumer Action helps consumers assert their rights in the marketplace and make financially savvy choices.
