Liability coverage is always important to have as part of your homeowner's insurance policy coverage in case of unexpected incidents occurring. Let’s say a guest in your home is injured from a fall or your lawn mower throws a rock into a neighbor's window. Liability coverage steps in and helps with legal fees and/or medical expenses that you could be liable for as a result of a covered accident. Personal liability coverage is a part of most insurance policies, but not all. HomeFirst® is dedicated to educating you about coverages and helping you identify what coverages best fit your needs.
How Much Liability Coverage Do I Need In My Homeowners Policy?
There are many factors to consider when choosing how much liability coverage to maintain in your homeowners policy such as whether you own a dog, a swimming pool or a trampoline - just to name a few. That’s why we make it easy for you to contact a licensed HomeFirst® agent with any questions about your coverage amount.
What are Medical Payments In My Insurance Policy?
For valid claims, this coverage for medical payments will pay the necessary medical expenses incurred within one year from the date of a covered accident, up to the limit of liability coverage stated on your policy. Keep in mind that this medical coverage only applies to a person who is injured while on the insured location who is not the policy holder or a regular resident of the insured household location.
What Is A Limit of Liability?
Limit of liability refers to the maximum amount the insurance company will pay in the event of a covered loss. The limits of liability are different for each accident as well as from one policy to the next. Refer to your policy or call your agent at 800-804-9389 if you are unsure of the amount of liability coverage included in your policy.