The Importance of Liability Coverage in a Home Insurance Policy

You have a home insurance policy that you know will protect you and your family from a wide variety of threats such as fire, theft and storm damage but you should also understand the liability coverage that your policy contains.  This is an important piece that will protect you financially should an accident occur where you are found liable.  Simply put, if someone has an accident or there is damage where you are at fault, the liability coverage will go to work to pay for medical expenses for the injured party.  Should they decide to sue you, it can help with legal expenses, as well.  Medical and legal expenses are very costly so understating the coverage is important.  In the Coppell, TX area, the team at The Select Insurance Agency can help you get the right coverage so that your family is always protected. 

With liability coverage, the bodily injury piece covers medical expenses such as x-rays, doctor visits, ambulance and hospital stays.  Again, these situations can include a variety of situations such as a dog bite, a slip or fall or a cut.  For instance, if someone comes to your home and develops food poisoning, this policy will cover their care.  If you damage someone else’s property such as breaking a window, the policy will also address that situation. 

Liability coverage will pay out to certain limits.  Should an injured party decide to sue, the policy will cover the expenses and judgment up to a certain level.  While it may not cover everything, it is still an important financial protection.  At The Select Insurance Agency, the agents work with homeowners through the Coppell, TX area to help them understand liability coverage and have the appropriate amounts of coverage.  Call today!