This type of insurance pays for injuries to other people or for their death as the result of an accident involving your car, for which you are legally liable.
“Covered persons” include people in other vehicles, guests in your car, and pedestrians. The coverage is effective whether you are the driver or someone else is driving your car with your permission.
Coverage under this type of policy is referred to in terms like “15/30.” The first number is the amount in thousands that the policy will pay for one person. The second number is the amount in thousands that it will pay for all persons involved in an accident.
Bodily injury liability claims have led to the development of such insurance policies. Business organizations who can be persistently sued for bodily injury, are the ones to avail these insurance policies. Ice skating rinks, amusement parks, logistic companies are some prominent examples. The bodily injury liability clause is found in some other insurance policies such as auto insurance policies. The premium of such a policy is increased by a few dollars. In fact some states recommended bodily injury liability insurance clauses to be included in the auto insurance polices of some new drivers. Similarly, industrial companies also purchase these polices for their workmen, and accidents within the company premises are covered by such policies. In the recent past when the bodily injury liability insurance polices were introduced for the first time, these polices were denied to some specific business organizations such as hospitals and pharmaceutical companies. Nowadays however these polices are made available to such organizations, but with bodily injury liability limits, that are respected by both insurance companies and insured parties.
“Covered persons” include people in other vehicles, guests in your car, and pedestrians. The coverage is effective whether you are the driver or someone else is driving your car with your permission.
Coverage under this type of policy is referred to in terms like “15/30.” The first number is the amount in thousands that the policy will pay for one person. The second number is the amount in thousands that it will pay for all persons involved in an accident.
Bodily injury liability claims have led to the development of such insurance policies. Business organizations who can be persistently sued for bodily injury, are the ones to avail these insurance policies. Ice skating rinks, amusement parks, logistic companies are some prominent examples. The bodily injury liability clause is found in some other insurance policies such as auto insurance policies. The premium of such a policy is increased by a few dollars. In fact some states recommended bodily injury liability insurance clauses to be included in the auto insurance polices of some new drivers. Similarly, industrial companies also purchase these polices for their workmen, and accidents within the company premises are covered by such policies. In the recent past when the bodily injury liability insurance polices were introduced for the first time, these polices were denied to some specific business organizations such as hospitals and pharmaceutical companies. Nowadays however these polices are made available to such organizations, but with bodily injury liability limits, that are respected by both insurance companies and insured parties.
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