Respuesta :
The Difference Between Personal and Public Liability Insurance are:
1. Personal liability insurance covers injury or damage compensation claims made against you by a third party.
Public liability insurance is the commercial version of this insurance - it covers compensation costs if someone makes a claim against your business for injury or damage.
2. Personal liability occurs in the event an accident, in or out of your home, that results in bodily injury or property damage that you are held legally responsible for.
Public liability insurance occurs in an injuries suffered by visitors to your business property.
3. Personal liability claims could include medical bills, legal fees and more if a guest is injured on your property, as well as coverage for accidental damage you are legally responsible for on someone else’s property.
Public liability insurance claim If someone files a lawsuit against your business for a reason covered by your policy, you file a claim with your insurance company. Your insurance company helps cover your legal costs and pay damages up to the limits of your policy.
4. Personal liability coverage may protect you under the following circumstances, up to your policy limits:
- Lawsuits you may face if an accident occurs.
- Bodily injury to an individual.
- Property damage that occurs as a result of your negligence.
Public liability insurance coverage includes the following:
- Bodily injury.
- Property damage.
- Legal expenses.
Learn more about Liability insurance on:
brainly.com/question/19138560
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