Insurance that protects a party from various types of claims. Typically' liability insurance' protects the insured from losses resulting from property damage claims or from bodily injury claims. Construction lenders usually require contractors to obtain and carry liability insurance to protect against claims resulting from the contractor's operations.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). liability insurance. Retrieved September 28, 2026, from http://smartdefine.org/liability_insurance/definitions/1157157 |
| Chicago | Barry Goldsmith. 2010. "liability insurance" http://smartdefine.org/liability_insurance/definitions/1157157 (accessed September 28, 2026). |
| Harvard | Barry Goldsmith 2010, liability insurance, Smart Define, viewed 28 September, 2026, <http://smartdefine.org/liability_insurance/definitions/1157157>. |
| MLA | Barry Goldsmith. "liability insurance" 21 October 2010. Web. 28 September 2026. <http://smartdefine.org/liability_insurance/definitions/1157157> |