Property liability covers damage you cause to another person’s property, such as in a car accident, while personal liability covers damage or injury you are legally responsible for.
This is the difference between personal liability and property liability.
ZWhat is covered by personal liability?
Injuries that occur on your property, damage that you or members of your household.
Cause to another property, and legal fees incurred when sued for such damage or injuries are typically covered by personal liability insurance (up to a certain amount).
How much liability insurance do I require?
Numerous back up plans offer individual responsibility inclusion for $100,000, $300,000, or $500,000.
If you need more coverage than your personal liability insurance will provide, it is common advice to obtain a policy that is worth twice your net worth and to use umbrella insurance.
