Imagine winning a personal injury case on liability—only to discover the defendant carries the state minimum insurance limits. What looked like a six-figure recovery suddenly shrinks to a fraction of the damages suffered. This scenario plays out more often than many plaintiffs realize, and it usually stems from one oversight: failing to uncover insurance coverage early. Liability limit investigations are ...
The direct answer is simple: Does liability insurance cover theft? No, liability insurance does not cover theft of your own property. Many people mistakenly think it does because they associate liability insurance with “protection” in general. In reality, liability insurance is designed to protect third parties if you cause them harm or damage their property—not to replace stolen items or ...
Imagine this scenario: a business consultant advises a client on a growth strategy that later causes financial losses. At the same time, another client visiting the consultant’s office slips on a wet floor and gets injured. Two different lawsuits, one for bad advice, one for physical injury, yet each requires a different type of insurance coverage. This is where understanding ...