Registered Insurance Brokers of Ontario (RIBO) Practice Exam

The liability section of a homeowner's policy is primarily designed to protect the homeowner from claims or lawsuits resulting from injuries or damages that occur to third parties. This can include situations where someone is injured on the homeowner's property or if the homeowner accidentally causes damage to someone else's property. Coverage in this section ensures that legal defense costs are also included, providing comprehensive protection against potential financial liabilities that arise from such incidents.

In contrast, personal injury to the homeowner is not covered under the liability section, as it's focused on third-party claims. Damage to the insured's own property falls under a different part of the policy, typically referred to as property coverage. Loss of use of rented property may involve different considerations and coverage options that are not necessarily part of the liability coverage. Thus, the focus of the liability section is clearly on protecting the homeowner against claims from third parties, which aligns with the correct answer.