What is Personal Liability Coverage?

Insurance is a way to protect people, property, and more from financial consequences when something goes wrong. One important type of insurance protection comes through personal liability coverage. This type of insurance allows you to protect your home, your property, and the people who visit your home. Personal liability coverage can help you protect what matters most.

 What Is Personal Liability Coverage?

Personal liability coverage is insurance that covers bodily injury and property damage that occurs in your home or on your property. If an accident happens to someone at your home—like someone falling down the stairs—there will be costs associated with the medical bills and other fees that could add up quickly and lead to financial difficulties. Essentially, the costs would all have to be covered out of pocket, and that could lead to problems. Personal liability insurance is a way to cover those costs to protect your home and finances if an accident does happen.

Personal liability coverage also extends to protecting your family. This insurance covers damages that protected individuals are responsible for. So if a covered individual throws a baseball through a neighbor’s window, personal liability coverage insurance would pay for the expense of repairing the window.

Because personal liability insurance is designed to protect you, it’s important to make sure you always have the right coverage. Acrisure can help you find the perfect personal protection insurance for you to help you get started protecting your home, family, and visiting guests.

What Does Personal Liability Insurance Cover?

Personal liability insurance is designed to protect your home and family. These are the specific instances that this type of insurance covers:

  • Medical bills for bodily injury sustained on or in your property or home
  • Legal expenses for lawsuits to recover damages for an accident on your property
  • Bodily injury caused by negligence from a covered member of the policy
  • Property damage caused by negligence from a covered member of the property
  • Bodily injury or property damage caused by covered pets (including dog bites)

What Is Not Covered Under Personal Liability Insurance?

While personal liability coverage protects you against many potentially serious and costly expenses, it doesn’t cover everything. Personal liability insurance does not cover:

  • Bodily injury or property damage from a car accident (this expense is covered by auto liability insurance)
  • Bodily injury caused intentionally by a covered individual
  • Property damage caused intentionally by a covered individual
  • Bodily injury or property damaged from a business related incident
  • Bodily injury sustained by a covered individual

For car accidents and business-related expenses, those are covered under separate insurance policies. For injuries sustained by covered individuals, those expenses are covered by health insurance policies rather than your personal liability insurance. All intentional damages won’t be covered by the policy either since it requires that the damage come from negligence. So something like vandalism by a covered person to a neighbor’s property wouldn’t be covered.

Overall, personal liability coverage is a way to protect yourself, your home, your guests, and your family from potential costly expenses from accidents in your home. It also can protect your family if they accidentally cause bodily harm or property damage when they’re away from home. Accidents happen, but you can prepare by using Acrisure to find personal lines of insurance from the right local agency today. Contact us to get started.

Important Information:

For additional information, please visit our website at Acrisure.com. Products or services identified herein may not be available in all jurisdictions. The information and descriptions contained herein (a) are not necessarily intended to be complete descriptions of all applicable terms, conditions, and exclusions of the policies referenced, (b) are provided solely for general informational purposes, and (c) should not be viewed as a substitute for legal, regulatory, or other advice on any particular issue or for any particular reason. The advice of a professional should always be obtained before purchasing any insurance product or service, and you should not rely on the information provided herein for the prevention or mitigation of risks or as a full and complete explanation of coverage under any insurance policy. While the information contained herein has been compiled from sources believed to be reliable, no warranty, guarantee, or representation, either expressed or implied, is made as to the correctness or sufficiency of any representation contained herein.

© Acrisure, LLC. All rights reserved.

American Public Entity Programs, LLC are public sector insurance professionals specializing in the underwriting, risk management, and marketing for public entity risks. We are a strategic trading partner of Acrisure and have been designated as a double Acrisure Circle of Excellence wholesale broker. For more information, visit https://americanpublicentity.com/

Source: https://www.acrisure.com/news-and-insights/what-is-personal-liability-coverage