What is the difference between liability and comprehensive coverage?

Liability and comprehensive coverage are two essential types of insurance that serve different purposes, particularly in the context of auto insurance, although they can also apply to other forms of insurance. Liability coverage is designed to protect you financially if you are found responsible for injuring someone else or damaging their property in an accident. This type of insurance typically includes two components: bodily injury liability and property damage liability. Bodily injury liability pays for medical expenses, lost wages, and other costs incurred by the injured party, while property damage liability covers the costs to repair or replace the other person's property that was damaged in the accident. In essence, liability coverage is about protecting third parties against losses that you may cause. On the other hand, comprehensive coverage is intended to protect your own vehicle from non-collision-related incidents. This includes damages caused by theft, vandalism, natural disasters, and other unexpected events that do not involve a collision with another vehicle. Comprehensive coverage can help you repair or replace your own vehicle, regardless of fault. In summary, liability coverage focuses on the financial protection of others in the event of an accident you cause, while comprehensive coverage safeguards your own vehicle against various risks that do not involve collisions. For personalized advice regarding coverage options, it may be helpful to consult the Cincinnati Insurance Company website for further information.