Common exclusions found in liability policies are damage to property owned by the insured.
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What are liability policies?</h3>
Liability insurance is a component of the general insurance system of risk financing that shields the buyer from the risks of liabilities brought on by lawsuits and other claims of a similar nature.
It also shields the insured in the event that the buyer is sued for claims covered by the insurance policy.
Hence, the choice of damage to property owned by the insured is correct.
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onstitution Center
Section 2. The judicial Power shall extend to all Cases, in Law and Equity, arising under this Constitution, the Laws of the United States, and Treaties ...
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Characteristics of a Trial - Jury, Evidence, Verdict. Elected by the voters or appointed by the governor of the state. Vested with the authority to listen to and decide questions of criminal and civil law. The judge supervises the trial and bears the responsibility that the parties receive a fair trial.
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