Why do I need liability insurance in my homeowners insurance?
Friday, August 29th, 2008The standard homeowner’s policy includes liability protection which safeguards you against lawsuits for bodily injury or property damage that you, a member of your family or a pet has caused. For example, if your child or pet tears up your neighbor’s fence then you are covered, but if you, a family member or pet destroys something of yours or has a mishap that is not covered. That is considered part of your health or medical insurance coverage.
This liability part of your policy pays for both the costs of court awards and defending you in court, up to the limit of your policy. You are also covered anywhere in the world, not just in your home.