What is liability insurance and what do I need it for? (Austria)

Liability insurance pays for liability damages and thus protects the insured person from losing his or her own assets as a result of a claim. For example, if the policyholder loses the apartment key to the rented apartment, the damage is covered by their liability insurance. The services included vary depending on the insurance company. You can find insurance providers online and comence a liability insurance following their easy process.


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