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Liability insurance pays for losses not related to traffic accidents. True or False

1 Answer

5 votes

Answer:

False

Explanation:

-Liability Insurance falls under general insurance policies.

-It usually covers the cost of third party property damage or bodily injuries resulting from the insured driver's fault.

-The limit covered is usually lessened from the agreed deductible amount.

-By law of Proximate cause liability insurance will not cover losses unrelated to traffic accidents.

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