Here's Why Liability Insurance Is So Important Today

Exposure to liability losses of catastrophic size is no longer limited to large corporations or to the wealthy. The willingness of the public to sue has increased the number of lawsuits and the size of judgments awarded.

What's more, most automobile, homeowners and recreational vehicle or boat liability limits are not sufficient to cover some of the court awards made today. Also, most policies exclude protection for such personal injury perils as defamation of character, invasion of privacy, trespass, libel and slander.