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The limit of liability refers to the maximum amount that an insurance policy will pay for covered losses or damages. It sets a cap on the financial responsibility of the company towards a liability.
It defines the maximum coverage available for different types of obligations, such as personal injury or property damage. These limits can vary based on the specific policy and coverage type. Additional protection can be added to increase the standard limits.
In our standard coverage, we include personal liability, which is designed to provide financial support in the event of claims for injuries or damages for which you are legally responsible. You can increase your protection and add new coverages such as identity theft, personal injury, among others.
Homeowners, Renters, Motorcycle, and many other types of insurance policies include personal liability coverage.
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Copyright © 2023 McGraw Insurance Services, L.P., Delaware L.P., 5515 E. La Palma Ave. Ste. 150, Anaheim, CA 92807, License 0K06900 / National Producer No. 17486061 The insurance policy, not the contents of this website, forms the contract between the insured and the insurance company. The policy may contain limits, exclusions and limitations that are not detailed on this website. Coverage may differ by state.
