I purchased a car. I am thinking about purchasing just the liability insurance because the automobile insurance fee in this country is very expensive. Is it OK? > Seoul Foreign Portal > News > FAQ
Commercial general liability (CGL) insurance covers a business against claims of property damage, bodily injury, libel, slander, or false advertising. Learn more.
Car Insurance Full coverage car insurance, on the other hand, is a more comprehensive policy that covers both you and the other party involved in an accident. It includes liability coverage...
Liability car insurance coverage helps pay for other drivers’ expenses if you’re at fault in an accident. It doesn’t cover your expenses.
Accessible expertise · Our team of underwriters and claims personnel are accessible directly, ready to support you and your clients' needs with our specialist expertise. ; Strength in service delivery · The service which we deliver to brokers and policyholders alike is something which we pride ourselves on, and brokers rely on. ; A Munich Re company · We're part of Munich Re Specialty Group Limited, which means we're supported by the financial strength and stability of Munich Re.
Liability coverage only pays for injury and damage to others, while full coverage includes liability, comprehensive and collision to keep you protected.
Liability insurance provides the insured party with protection against claims resulting from injuries and damage to people and/or property.
Expertise · We connect you with expert-driven solutions and services for all your specialty insurance needs. ; Financial strength and stability · Our robust financial backing, 140-year legacy, and extensive global resources give us the reach and scale to help you navigate the shifting insurance landscape. ; Dedicated partnership · As trusted advisors, we work to understand your needs and tailor solutions to help you grow your business with confidence.
A policyholder’s personal liability insurance pays for covered losses and damages sustained by third parties, along with related legal costs. Learn how it works.
Full-coverage car insurance includes liability insurance, which covers the other driver’s costs if you’re at fault. Learn more about how these insurance policies work.