Definitions for "Personal liability"
pays on behalf of the insured, all sums which the insured becomes legally obligated to pay as damages because of bodily injury or property damage caused by an occurrence resulting from personal premises and activities.
Hopefully, this will not happen to many of us, but in the course of our lives, there are many things we may be liable for, although quite unintended on our part. For instance, we may, by some silly accident, poke someone's eye out with an umbrella. Such an incident must, of course, result in some tangle with the law. Personal Liability coverage helps us pay for the compensation due after such accidents. Most good quality Personal Lines package policies would cover this sort of event.
This coverage protects you against a claim or lawsuit resulting from bodily injury or property damage to others. The coverage applies to you and all family members who live with you.
Keywords:  satisfy, situation, debt, assets, his
A situation in which an individual's personal assets can be used to satisfy his or her debt.