Automobile liability insurance

{
  "id": "MLC-T-INS-000502",
  "term": "Automobile liability insurance",
  "field": "Insurance and risk management",
  "definition": "Insurance that protects the policyholder against financial loss if they are found legally responsible for causing bodily injury or property damage to another person in an automobile accident. It covers the costs of legal defense and damages awarded up to the policy's limits. Most jurisdictions mandate a minimum level of this coverage for vehicle owners.",
  "url": "https://mlchart.com/terminology/insurance/automobile-liability-insurance/"
}