I have to provide my apartment management with 100,000 liability insurance coverage. With Safeco it costs $18 per year. Liability coverage requires minimum personal property coverage of $10,000 (costs $57 per year) and replacement coverage (+$9). Total per year $84
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Amount of liability insuranceYou should get enough general liability insurance to cover your net worth or your perceived potential liabilities. If you're involved in high-risk activities, you might consider even more insurance.
1 billion dollars
Liability insurance is purchased to protect oneself from the risk of liabilities that are a result of a lawsuit. It its prominently used in car insurance, but can also be purchased for products, and by employers.
Property and liability (P & L) insurance
Automobile Liability insurance, YES. Liability insurance, NO. There are many kinds of liability insurance.
Liability
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You will need the basic liability insurance. This means that you will be covered for the other person's car if you are in fact responsible for the accident.
Limited liability insurance can be purchased from many insurance companies. An explanation of limited liability insurance can be explained by a qualified insurance agent.
If you have liability for an accident, you will need to contact your insurance company. If you do not have liability insurance, you may need to pay for the accident out of pocket.
That's up to Kmart. They can carry as much or as little coverage as they choose. There is no law that requires them to carry liability insurance at all.
The limits vary by state. Where are you?
kayaking
It depends on your record and who your insurance company is.
Liability insurance for what? Insufficient information to answer.
form_title=LLC Liability Insurance form_header=Even as a limited liability company, it's important to have protection from personal liability. Have an insurance professional create a personalized quote based on your business risks. Type of Insurance Needed:= [] General Liability Insurance [] Property Liability Insurance [] Professional Liability Insurance [] Directors and Officers Liability Insurance [] Product Liability Insurance [] Other [] Not Sure Years In Business:=_ How many total people work in your business (including yourself, owners, officers, employees, contractors, etc)?=_