What are the potential financial and reputational consequences of a product recall?

It's illegal to drive a car in Washington without having liability insurance or another way to assume financial responsibility for damages. Jun 21, 2022 ... What Is Liability Insurance? Liability insurance is an insurance product that provides protection against claims resulting from injuries and ... The University of Washington's self-insurance program provides protection from liability claims arising from the negligent acts or omissions of the University ... (3). No policy of bodily injury liability insurance, covering liability arising out of the ownership, maintenance, or use of any motor vehicle, shall be ... All Motor Vehicles owned and operated in a US Jurisdiction by a member of the Foreign Mission Community carry liability insurance coverage at all times. Motor vehicle liability insurance policy. Cash deposit of $75,000 with DMV. DMV-issued self-insurance certificate. Surety bond for $75,000 from a company ... of coverage to the insured and the injured person or any other claimant. (e) No policy or contract of personal injury liability insurance or of property damage ... ... liability limits that are lower and so you would still need the full liability coverage. If you offer your short-term rental through a hosting platform ... How much liability insurance do I need? · $30,000 of bodily injury liability coverage per person · $60,000 of bodily injury liability coverage per accident ... Auto insurance can be categorized into two primary coverage areas: liability and property damage. Two critical factors determine your auto insurance costs.