Comprehensive Personal Liability Insurance
What Does Comprehensive Personal Liability Insurance Mean?
Comprehensive personal liability (CPL) insurance is a type of liability insurance that covers expenses arising from legal liability to third parties due to accidental property damage and/or bodily injury in the context of the policyholder’s private life, rather than their professional life. CPL insurance protects the policyholder’s personal affairs and helps family members avoid significant financial burdens from personal liability claims.
Insuranceopedia Explains Comprehensive Personal Liability Insurance
Comprehensive personal liability insurance is standalone liability coverage that protects against a variety of risks. Even if a person already has a primary policy protection program, an umbrella policy like CPL provides additional liability coverage beyond the limits of the primary policy.
In the context of homeowners insurance, comprehensive personal liability insurance may cover liability claims such as, but not limited to, libel, slander, and invasion of privacy. It also covers incidents like visitors getting injured on the premises, the policyholder’s pet causing harm to others, car accidents for which the policyholder is at fault, and situations where their child accidentally causes significant damage to another person’s property.
