Liability insurance is an essential part of a comprehensive insurance package. When families and business owners in Monroe, NC, need sound advice on choosing the right policy, they count on the team at Tammy Ross Insurance to provide the information they need to make an educated choice. These agents help clients choose the level of protection that meets their needs and fits into their budgets.

Your Guide to Liability Insurance

What Is Liability Insurance?

Liability coverage offers protection if you are involved in a lawsuit as an individual or part of a business. This type of insurance covers like court costs and legal fees as well as any damage incurred. These lawsuits typically involve either negligence, or claims that you acted carelessly and caused damage to another person or their property, or malpractice. While homeowners and businesses alike can be sued for negligence, malpractice cases are typically limited to certain professions like medicine and the law.

What Does This Insurance Cover?

Liability insurance protects you against risk and picks up where other policies leave off. For example, adding liability coverage to a car insurance policy offers protection for bodily damage if you are involved in an accident. Standard car insurance policies typically only cover you and any passengers at the time of the accident. Coverage limitations can vary, so it’s best to speak with an agent about your specific needs.

Are There Other Types of Liability Coverage?

In addition to liability insurance for drivers, there is also product liability insurance, which protects business owners in case a product they make or sell injures a consumer. There is also umbrella liability insurance, which is a personal policy that supplements other policies once they’ve reached their coverage limit.

If you need to add liability insurance to an existing policy, Tammy Ross Insurance is ready to help you find the right coverage. They will make sure your policy is designed for your needs, whether it’s a homeowners insurance plan, a renters insurance plan, or vehicle coverage. Call (704) 233-4981 today to schedule an appointment with an agent. You can also visit their website for more information on their full range of insurance products.