Final answer:
True, liability insurance usually covers incidents where a guest slips and falls on the insured's property, provided it's due to the insured's negligence.
Step-by-step explanation:
Liability insurance ordinarily provides coverage for bodily injury or property damage for which the insured is deemed responsible. This typically includes incidents where a guest slips and falls on the insured's property. If a guest were to be injured in such a manner, liability insurance would usually cover the medical expenses and legal costs, up to the policy's limits, provided that the injury was due to negligence on the part of the insured.
In the context of a homeowner's policy, for instance, if a guest were to slip on an icy walkway that the homeowner neglected to maintain, liability insurance could help cover the costs associated with that accident. In contrast, if the fall was due to the guest's own carelessness and there was no negligence on the homeowner's part, the insurance coverage might not apply. Therefore, to answer the question: A) True, liability insurance typically provides coverage when a guest slips and falls, assuming negligence by the insured.