Making sure your home insurance covers damaged property may be priority
number one, but insuring your family’s personal liability is an
equally important part of the insurance coverage for your home. Consider
the following tips for securing your family’s personal liability
protection:
Why Do You Need Personal Liability Protection?
This is the part of your house insurance that protects you and the family
members living with you against a claim or lawsuit resulting from bodily
injury or property damage to others for which you are legally liable.
For example, if someone trips and falls on your property and you are
found legally liable for that person’s injuries, the personal liability
coverage under the policy will pay up to the policy limit. This coverage
is especially valuable for policyholders with children or frequent guests.
Check Those Limits!
Do you know what kind of injury someone will sustain on your property?
Do you know what kind of damage you or a family member may unintentionally
cause to someone else’s property? Of course you can’t predict
the severity of a personal liability claim and for this reason; higher
limits of liability are always recommended.
What Types of Personal Liability Claims Are Not Covered?
The personal liability coverage in your house insurance will not pay
for any liability resulting from an automobile accident – this likely
will be covered by your auto insurance policy. It will not cover bodily
injury or property damage caused intentionally by you or resident family
members or injuries or damages sustained by you, your resident family
members or personal property in your home.
In addition, certain business activities are not covered for liability
under your house insurance. Before purchasing house insurance, contact
your insurance company for important information about liability exclusions
and coverage limitations.
Medical Payments Coverage
The insurance company that provides your house insurance may give you
the option to purchase Medical Payments coverage. Often called “goodwill
coverage,” Medical Payments coverage will pay the medical expenses
of someone accidentally injured on your property up to the policy limit regardless
of fault.
Start shopping today and get your free homeowner
insurance quotes here.
