Liability insurance isindependent sphere of insurance activity. In this type of insurance, the object is the responsibility of the insured person (the policyholder) by law, and also by virtue of obligations under the contract for causing harm to others (harm is understood as damage to a particular person, as well as to property of third parties). On the basis of arising insurance relations, the insurer assumes the risks prescribed in the insurance contract, related to the liability for obligations that arise as a result of the damage caused to the property, health or life of third parties by the insured. As an insured person can act both individuals and legal.

Civil liability to third-partypersons is of a property nature, since the person who caused damage to a third party is obliged to fully recover its losses. Using civil liability insurance, the policyholder is shifted to the insurer to recover the damage. Causing damage to other persons on the part of the insured may entail administrative or criminal liability, however, property damage to a third party and its reimbursement is shifted to the insurer.

liability insurance can act as in two forms:

- Voluntary insurance, for example, insurance of civil liability of apartment owners;

- Obligatory insurance, for example, insurance of civil liability of car owners (OSAGO).

Liability Insuranceof the owners of apartments refers to voluntary types of insurance, but this is a very relevant and in-demand service of insurance companies, shifting their responsibility to their neighbors before neighbors for unintentionally caused damage that occurred in case of using the apartment. Possible risks are prescribed in the contract, and the policyholder has the right to independently determine the maximum insurance amount, within which the insurer is obligated to compensate for damage caused to third parties by the insured, for example, in case of fire or flooding. Insurance risk is a prospective event, upon the occurrence of which, in accordance with the insurance contract, there arises a duty to reimburse the insured for damages, i. the insurer makes payment to third parties affected by the action or inaction of the insured.

The insurance contract for civil defense consists in the case ofdamage to property, damage to health, life of third parties as a result of events that occurred at a specific address determined by the existing insurance contract - this is the territory of insurance.

Civil liability insurance SRO(self-regulatory organizations) became necessary due to the fact that the construction industry switched to self-regulation. The Ministry of Regional Development has developed specific recommendations on the insurance of the SRO SRO and its members in order to ensure the real safety of the construction organization and its members and are aimed at strengthening their financial sustainability, since compensation for the damage caused is compensated by the insurance amount under the insurance contract and allows not to spend the SRO Compensation Fund.

Civil liability insurance SRO is a contract regarding the following risks of liability of the insured person (or the policyholder) for causing harm:

• Health or life of third parties as a result of deficiencies in the insured work;

• property of third parties resulting from deficiencies in the insured work;

• the environment resulting from deficiencies in the insured work;

Insurance is a guarantee of your security and financial stability.