Otherwise, you may leave yourself exposed to large financial losses. Personal liability insurance covers the costs if you're sued for injuring someone or destroying someone's property. It's included ...

Insurance may cover costs associated with liability for damage or injury caused ... and virtually any individual or business can find an insurance company willing to insure them, for a price.

It also covers your personal belongings and provides liability protection if someone gets hurt on your property. Without insurance, you'd have to cover these costs out of pocket, which could be ...

Third-party liability insurance, such as car insurance, covers an individual or firm against ... legal and financial obligations related to the costs they cause someone else to bear.