Do You Need Personal Liability Insurance?

Personal liability insurance protects you against accidents, but how necessary is it?

What is personal liability coverage?

Personal liability insurance is about financial protection for not only you, but your family as well. The personal coverage you receive within your homeowners insurance policy provides coverage for property damage and bodily injury sustained by other people for which you (or your family) are legally responsible. If someone falls down your stairs or your child accidentally hits a ball through a neighbor's sunroof-you are likely going to be held responsible. Liability coverage provides protection for any medical and legal fees that come with that injury or damaged property.

Should you consider umbrella insurance?

One way you can strengthen your liability insurance policy is to purchase and add on an umbrella insurance policy. Umbrella insurance protects you in much larger amounts than is generally offered by a typical policy, and also covers any gaps your existing liability insurance policy may have.

Should you buy personal liability insurance?

It is important that you consider your situation and position to determine not only if you need it, but how much you require to protect you from your worst-case scenario. Medical bills, damaged property, and legal fees can add up quickly and can often force people into financial distress. Make sure you are covered with the right personal liability insurance, which you can adjust through your homeowners insurance policy.

When it comes to your home purchasing a quality homeowners insurance is the best way to protect it from dangers unseen to you. For all of your insurance coverage needs, contact the insurance experts at Scavone Insurance Agency Center LLC in White Plains, New York. We will work with you to make sure you have the coverage you need to protect you from any perils.