Insurance and liability law

Liability law is the body of legal rules that determine whether and to what extent a person can be held contractually or extra-contractually responsible ("liable") for damages caused by one's own conduct, by another's conduct, or by an item of property.

For example: you were involved in a traffic accident; you suffered damages due to poor execution of certain works; you suffer a personal injury due to a medical error; your minor child caused damage; your employee caused a fire at a customer's house; etc.

Insurance, in well-defined circumstances, guarantees, among other things, the harmful consequences arising from an insured's liability, and is therefore inseparable from liability law.