What is personal property liability?
The Bankrate.com financial term of the day is: "personal property liability."
Accidents certainly do happen. If you crash your car into another vehicle or other property, personal property liability coverage is the part of your auto insurance policy that protects your bank account from claims and lawsuits related to the damage.
When you're at fault for damage in a crash, the personal property liability part of your car insurance policy will have you covered.
To shop for insurance to fit your needs, visit the Insurance section at Bankrate.com.
Do you have a life insurance policy for your dependents? Is it enough?
Get in the habit of reviewing your policies annually -- you could save money by doing so.
Most women don't have a policy or are under-insured.
Not sure when to review your insurance policy? Experts share their thoughts on when to do so.
Shopping for insurance? Follow these tips from top experts in the insurance field.
Benefits start at age 62 through 70. Do you collect it right away or hold off as long as you can?
Leslie Corcoran, CFP, discusses using immediate annuities for retirement income.
Have fallen gas prices given Americans a reason to increase their discretionary income?
Not all items at dollar stores are good deals. But here are five finds that can be bargains.
Bankrate wants to hear from you and encourages thoughtful and constructive comments. We ask that you stay focused on the story topic, respect other people's opinions, and avoid profanity, offensive statements, illegal contents and advertisement posts. Comments are not reviewed before they are posted. Bankrate reserves the right (but is not obligated) to edit or delete your comments. Please avoid posting private or confidential information, and also keep in mind that anything you post may be disclosed, published, transmitted or reused.
By submitting a post, you agree to be bound by Bankrate's terms of use. Please refer to Bankrate's privacy policy for more information regarding Bankrate's privacy practices.