What is personal injury/liability insurance?

I think talking about personal injury or liability is only the account holder is consider liable for it without any dependents involve.http://tldr.me/2v18irrp

There’s been a lot of conversation in the United States about tort reform in the last couple of decades, usually focused on the need to rein in frivolous lawsuits. Proponents of tort reform talk about large settlements or verdicts threatening the economy and the legal system as though they’re something that happen everyday. That conversation plus sensational media coverage of multi-million dollar settlements or verdicts help create a perception that everyone can reap millions of dollars from a lawsuit – even one without merit – when that’s actually very far from reality.

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Liability insurance is part of the general insurance system of risk finance, and it protects the buyer from the risks of liabilities imposed by lawsuits and similar claims, as well as the insured if the buyer is sued for claims that fall under the policy's coverage.

Personal injury, as opposed to property damage, is a legal term for an injury to the body, mind, or emotions. The phrase is most typically used in common-law states to refer to a sort of tort litigation in which the plaintiff has experienced harm to his or her body or mind.