What is Liability Insurance on a Homeowner’s Policy?

You already know that having homeowner’s insurance is important, but what all does it cover? Besides just taking care of damage to your personal belongings and the building itself, most policies also include personal liability coverage. Our knowledgeable and friendly team at Jeff Hutchison Insurance Services has put together this brief guide to liability coverage to help get you understand what it is and why it is so useful.

What Does It Cover?

Simply put, liability insurance is designed to protect you and your family financially against bodily injury and personal property claims from other people. For example, if a visitor to your Proctorville, OH home is bitten by your dog or falls down the stairs the liability portion of your policy would pay for their medical bills. Or if your child accidentally throws a baseball through a neighbor’s window, the policy would pay to fix the damage. And these are just a few examples of situations covered under this section of your insurance contract.

Why Is It Important? And How Much Do You Need?

Liability coverage is important because it protects you from unexpected bills and lawsuits stemming from an accidental situation. Instead of being out thousands of dollars for the medical bills of someone outside your family or being involved in a messy lawsuit, your insurance company will go ahead and take care of it for you.

So, how much do you need? Most homeowner’s policies automatically include around $100,000 in liability coverage, but that figure can be raised according to your individual financial situation. To determine this, it is best to speak directly to your agent.

Need more information or a review of your Proctorville, OH homeowner’s policy? Our team at Jeff Hutchison Insurance Services is here to help. Contact us today to schedule your no-obligation appointment.