Liability insurance

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Liability insurance

Insurance guarding against damage or loss that the policyholder, may cause another person in the form of bodily injury or property damage.

Liability Insurance

An insurance policy that guards the policyholder from legal expenses resulting from a lawsuit. This includes both attorneys' fees and damages that the policyholder must pay. Liability insurance is common in professions in which lawsuits are common, such as the medical field. A physician may buy liability insurance to protect himself/herself from the possibility that a patient will sue her for malpractice, negligence, or for any other reason. Premiums on liability insurance are sometimes considered prohibitively expensive, depending on the profession.
References in periodicals archive ?
Joseph Raymond Trebilcock, 25, of Railway Street, Splott, Cardiff, pleaded guilty to driving a motor vehicle while disqualified and driving without third party insurance.
Justin Paul Lee Johnson, 39, of Aberbran Road, Cardiff, pleaded guilty to driving without third party insurance and failing to produce a licence.
Mark Colin Bratcher, 22, of Paget Street, Cardiff, pleaded guilty to driving a vehicle otherwise than in accordance with a licence, when no certificate had been issue and without third party insurance.
John Anthony Gale, 36, of Stanway Road, Cardiff, pleaded guilty to driving without third party insurance.
Sharif Altimimi , 22, of Broadway, Cardiff, was found guilty in his absence of driving without third party insurance along Four Elms Road, Cardiff, on November 2 last year.
Auto Financial Group removes the financial risk to the credit union by guaranteeing the predetermined residual value of the vehicle through third party insurance, as well as handling the vehicle's disposition.
Muhammed Ahmed, 30, of Richmond Road, Cardiff, was fined pounds 300 after admitting driving in Grangetown without third party insurance.
Malik Mutlak, 49, of Clive Street, Cardiff, pleaded guilty to driving a motor vehicle otherwise than in accordance with a licence, driving without third party insurance and driving when his alcohol level was above the limit.
By guaranteeing the predetermined residual value of a vehicle through third party insurance, AFG removes the financial risk of an auto loan to the credit union and empowers the credit union to compete with traditional loans and conventional leases.
THE following cases were heard at Cardiff Magistrates' Court: Terry Davies, 44, of The Crescent, Trecenydd, Caerphilly, was found guilty of using a mobile phone while driving, driving without third party insurance and using a motor vehicle without a test certificate.
Jean Paul Kalema, 26, of Westonbirt Close, St Mellons, Cardiff, was fined pounds 100 with pounds 100 costs and a pounds 15 victim surcharge for driving without third party insurance along Galleon Way.
Nigel Ball, 50, of Ash Walk, Talbot Green, was fined pounds 525 with pounds 85 costs and a pounds 15 victim surcharge for driving without a licence and third party insurance along the A4232.

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