Personal Liability refers to the legal responsibility an individual has for their actions or negligence that result in harm, injury, or financial loss to another person or entity. It encompasses the obligation to compensate or make amends for damages caused by one’s actions, whether intentional or unintentional, and may arise in various contexts such as accidents, property damage, defamation, or negligence claims. Personal liability can be covered by insurance policies such as homeowners insurance, renters insurance, or personal umbrella liability insurance, which provide financial protection against legal claims and judgments.