Liability coverage is a type of insurance that protects you against lawsuits or legal claims. Given how expensive
lawsuits can be, especially when you account for everything including defense and settlement fees, it is no wonder
that liability coverage is included in many types of insurance policies. For example, mandatory car insurance in
Alberta features third party liability coverage, which protects policyholders from any legal claims that arise
following a collision that they are liable for. Meanwhile, home insurance policies in Alberta typically include
personal liability coverage, which can protect you in the event that a visitor or guest to your home brings a claim
of bodily injury or property damage against you. It can also be useful if your property causes damage to a
neighbouring property. Lastly, liability coverage is often an integral part of commercial insurance policies. There
are all kinds of liability coverage for businesses in Alberta, such as commercial general liability, cyber
liability, professional liability, product liability, and more.