Personal Finance: Property and Liability Insurance — Flashcards | Financial Literacy | FatSkills

Personal Finance: Property and Liability Insurance — Flashcards

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Property insurance protects the structure of your home (dwelling coverage) and your belongings (personal property coverage). 
Personal liability coverage protects you if you're legally responsible for damage to someone's property, or if you accidentally injure someone whether you're at home or away from it.

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Property insurance protects you from the financial risk associated with property losses.
True
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