A business auto policy (BAP) includes auto liability and auto physical damage coverages; other...
liability insurance
Liability insurance is a form of insurance that applies to the obligation of the insured to pay damages arising out of legal liability to others.
Related Terms
Casualty insurance is primarily concerned with the losses caused by injuries to persons and legal...
The commercial general liability (CGL) policy is a standard insurance policy issued to business...
Environmental impairment liability (EIL) insurance is a specialized insurance policy that covers...
General liability insurance protects commercial insureds from most liability exposures other than...
Insurance is a contractual relationship that exists when one party (the insurer) for a...
Professional liability refers to a type of liability coverage designed to protect traditional...
An umbrella liability policy is a policy designed to provide protection against catastrophic losses.
