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Personal Liability Insurance – What It Is and What It Covers

Comprehensive Personal Liability insurance offers financial protection to you and your family against claims of  Bodily Injury and Property Damage for which you can be held legally liable. This protection can either be part of your standard Homeowners insurance policy or purchased as a separate policy. 

Some examples of personal liabilities include:

  • Slip and fall injuries incurred by a third party while on your property
  • Accidental damage to someone else’s property caused by you or a family member
  • A tree standing within your premises falls on a neighbor’s house
  • Your son’s baseball breaks a neighbor’s window. 

Claims brought against you as a result of your pet ownership such as a dog bite will also be covered. However, you must make sure that your dog’s breed is not on a prohibited breed list. Your personal liability insurance policy will specifically exclude injury caused by certain breeds of dogs. 

The policy will pay for claimants’ medical expenses and lost wages. It will also pay for your legal costs should a lawsuit occur and you require the services of an attorney to defend you. 

Your Homeowners or Renters insurance policy will include Personal Liability coverage. The limit can be as low as $100,000 or as high as $500,000. 

If you have high worth assets, you will want to consider the purchase of a Personal Umbrella  Liability policy. This policy provides additional protection over and above your primary limit of liability. Insurance under this policy is purchased in increments of $1,000,000 and is very affordable.