Most people are aware that a basic Erie homeowners insurance policy will cover your dwelling and home contents in the event of fire, theft or other disaster that is included in the policy. Yet you may not realize that homeowners insurance often comes with liability cover. Here’s just a brief introduction:
Basically, the liability component of homeowners’ or renters’ insurance, is designed to provide financial support in the event that anyone who visits your home or property suffers injury. If you are sued and found liable, the insurance can cover the amount you owe to the victim, and the legal fees, up to the limit of your policy cover.
While it may seem unlikely this sort of thing would happen to you, bear in mind it will generally be an inadvertent or accidental injury. You might have a charity worker come to the door who slips on your newly mopped tiles. Or perhaps your dog takes a particular dislike to someone and decides to snap.
Wherever there is the potential for an accident, insurance can provide valuable protection. Homeowners insurance will of course vary between different providers, so it’s important to be clear on what exactly you are covered for. And when in doubt, speak to an agent for advice. That’s what we’re here for!