Liability insurance in Texas is generally designed to help protect people and businesses from being financially and legally responsible for a variety of situations, such as property damage or bodily injuries occurring from an accident or incident involving their actions or negligence.
Here are the most commonly covered perils for liability insurance in Texas:
• Property damage liability: This type of liability coverage helps to cover losses arising from property damage caused by an insured person or vehicle. This coverage extends to damage to rental cars, property owned by others, and more.
• Bodily injury liability: This liability coverage helps to pay for medical expenses and other losses incurred by a person injured in an accident caused by the insured.
• Personal Injury Liability: This type of liability coverage helps to pay for legal fees and other costs if the insured is sued for causing personal injury to another person while in the course of their work activities.
• Professional Liability: Professional Liability insurance helps to protect insured professionals against losses due to negligence, errors, and omissions committed in the course of their work.
• Commercial General Liability: This type of liability coverage helps to protect businesses from losses arising from third-party claims for bodily injury or property damage on a business's premises or arising from the business's operations.
It is important to note that liability insurance coverage varies by policy and provider, so talk to your insurance company about your specific policy’s coverage and any limits or exclusions that may apply in order to determine the exact coverages you have.