Why do I need Personal Liability Coverage for my home?
We all know that when you purchase auto insurance, the state requires a level of liability coverage. We also understand that an auto accident can cause a lot of damage. There are many other ways you can cause injury other than with a car.
Liability Insurance protects you from the unexpected
Here are some real-life examples of why you also need liability coverage as part of your homeowners insurance policy.
- You hire a friend to do some painting around the house. Your friend is not a painting contractor, but needs some extra work. You want to help him out. While painting your house, he slips and falls off a ladder.
- Your son is trimming your trees. A branch falls onto your neighbor’s property breaking the power line to their house.
- Your 11-year old gets into an altercation at school. As a result, another student is hurt.
- The sidewalk in front of your house is lifting due to tree roots. A neighbor is out for a walk at dusk. She trips and falls and breaks her wrist.
You might be thinking that you shouldn’t be liable in some or all of these situations. You might be right. But you also might be wrong. In either case, the cost to determine who is a fault, can be substantial. If you are sued, you will need to hire your own attorney. If you have not hired an attorney recently, you will be surprised at how fast the bills add up.
Liability Insurance saves you costly legal fees
Because you have liability insurance, not only will the insurance pay for your attorney to defend you, but it will also pay the damages for which you are responsible.
Your homeowners personal liability coverage doesn’t protect you just at your home but for many covered occurrences wherever you are.