carry liability insurance

  • 1liability insurance — Insurance that protects a party from various types of claims. Typically liability insurance protects the insured from losses resulting from property damage claims or from bodily injury claims. Construction lenders usually require contractors to… …

    Financial and business terms

  • 2Liability insurance — is a part of the general insurance system of risk financing. Originally, individuals or companies that faced a common peril , formed a group and created a self help fund out of which to pay compensation should any member incur loss. The modern… …

    Wikipedia

  • 3liability insurance — insurance covering the insured against losses arising from injury or damage to another person or property. * * * Insurance against claims of loss or damage for which a policyholder might have to compensate another party. The policy covers losses… …

    Universalium

  • 4insurance — /in shoor euhns, sherr /, n. 1. the act, system, or business of insuring property, life, one s person, etc., against loss or harm arising in specified contingencies, as fire, accident, death, disablement, or the like, in consideration of a… …

    Universalium

  • 5Insurance — This article is about risk management. For Insurance (blackjack), see Blackjack. For Insurance run (baseball), see Insurance run. In law and economics, insurance is a form of risk management primarily used to hedge against the risk of a… …

    Wikipedia

  • 6insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… …

    Black's law dictionary

  • 7insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… …

    Black's law dictionary

  • 8insurance — n. 1) to provide insurance for 2) to sell, write; underwrite insurance 3) to carry; take out insurance (our firm carries fire insurance) 4) to cancel; renew insurance 5) accident; automobile (AE), motor (BE), motor car (BE); collision;… …

    Combinatory dictionary

  • 9Vehicle insurance — Vehicle insurance, in exchange for a premium, will pay valid claims arising out of traffic collisions Vehicle insurance (also known as auto insurance, gap insurance, car insurance, or motor insurance) is insurance purchased for cars, trucks,… …

    Wikipedia

  • 10Aviation insurance — HistoryAviation Insurance was first introduced in the early years of the 20th Century. The first aviation insurance policy was written by Lloyd s of London in 1911. The company stopped writing aviation policies in 1912 after bad weather and the… …

    Wikipedia