Liability insurance is primarily designed to protect which of the following?

Liability insurance is primarily designed to protect the insured from legal claims and damages. This type of insurance provides coverage in the event that the insured is held legally responsible for causing harm to another person or for damaging someone else's property. It helps cover legal fees, medical expenses, and any settlements or judgments that may arise from such claims.

This protection allows individuals and businesses to manage the financial risks associated with potential lawsuits, providing peace of mind in case they inadvertently cause harm to others. Unlike other forms of insurance that might focus on protecting physical assets or providing income replacement, liability insurance specifically addresses the need for defense against legal actions and the financial repercussions that can result from those actions.