128k views
0 votes
This type of insurance pays to fix damages that you cause, but does not cover your own car:__________.

User Rowen
by
7.9k points

1 Answer

6 votes

Answer:

Liability

Step-by-step explanation:

Liability -

It refers to the object which is kept at stake in return of some monetary value , is referred to as a liability.

For example,

For borrowing money from bank , people put their property papers , in this case , the property papers are the liability.

Hence, from the given scenario of the question,

The correct term is liability.

User Edvaldig
by
8.0k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.