Personal Injury or Property Damage Claim Brought Against You Your liability coverage limit should be as high as you can afford, to mitigate the risk of financial loss if someone were to sue you. The more financial assets you have, the more liability coverage you should purchase. How much personal liability coverage should you have? Furthermore, your personal liability insurance only applies to others, while any injuries of your own would be covered under health insurance. Therefore, intentional acts aren't covered by your personal liability insurance. The only injuries covered are those that result from negligence on your part. However, not every injury will be covered by your personal liability insurance. Homeowners insurance covers personal injuries as long as your policy includes personal liability coverage, and most policies do. Does homeowners insurance cover personal injury? In that scenario, you'd need a car insurance policy with bodily injury protection and property damage coverage. Personal liability coverage would not apply in a car accident. Similarly, if you're running at the park and knock someone over, causing them to break a bone, any medical bills would be covered under the liability portion of your home insurance if you're found to be responsible. While those situations took place inside your property, bodily injury and property damage protection extends to you and members of your household outside of your home.įor instance, if your dog runs outside and bites someone down the street, your home insurance personal liability would still provide coverage. Once again, without personal liability insurance, you'd be solely responsible for paying for the damage. Your neighbor could then choose to pursue legal action against you in an effort to receive financial compensation for the damage to their roof. Property Damage: If a tree that is located on your property falls over during a thunderstorm and damages your neighbor's roof, you could be responsible for the property damage. Without personal liability insurance, you'd have to pay out of pocket for the expenses, if you're found to be legally liable. The mail carrier could choose to sue you for related expenses like medical bills, lost wages and emotional distress. Situations in which you might need personal liability coverage include the following.īodily Injury: Say your dog bites a mail carrier on your property, and the carrier has to get medical care and miss work. The personal liability coverage in a standard homeowners insurance policy protects you against two things: bodily injury and property damage for which you or residents of your home are responsible. We recommend contacting your insurance company as soon as you're aware that you may be responsible for the destruction of property or for someone's bodily injury. Filing a claim under your personal liability coverage is similar to filing any other type of insurance claim. It is included in most residential insurance policies, including homeowners, renters and condo, and can be purchased as a standalone policy. Personal liability insurance covers the costs of a lawsuit if you're sued for injuring someone or destroying someone's property. Home insurance personal liability: How much does it cost?.How much personal liability coverage should you have?.Does homeowners insurance cover personal injury?.
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