The liability component of home insurance is essential to the overall efficacy of the policy. Most homeowners are faced with a myriad of risks, which can lead to costly litigation if an accident occurs on or because of their property. While all policies and households are different, the following can help you understand what specific protections you should have in place. 

What Does Home Insurance Cover?

If a person sustains an injury on your property, your liability coverage will pay for any medical costs that the person incurs. If you or a family member damages another's property, it can cover any related expenses, including litigation. For example, if you are taken to court over an issue, liability insurance will pay for legal fees and lawyer costs. This is essential, especially when considering just how expensive hiring an attorney can be. 

What Doesn’t It Cover?

Your home liability insurance likely has some built-in exclusions. If you suffer an injury on your property, it can’t be covered by your home insurance. Instead, you’ll need to go through your health insurance company when filing a claim. Any damage occurring to your vehicle is also not covered, even if it is caused by a tree or other part of your property. This type of damage requires an auto insurance policy to address repairs. 

How Does an Umbrella Policy Help?

Even when an incident is eligible for coverage, there are still limits to how much your insurance will pay in total. That’s why many people purchase umbrella insurance. Umbrella policies do not stand alone, and they must be attached to another insurance policy to be effective. If there is a gap between liability costs and the limit of your insurance, an umbrella policy will fill them in and keep you from having to pay out of pocket. 

Getting clear and concise answers to your home insurance questions is the mark of a great insurance agency. This is what Jenkins & Bevan Insurance strives to provide to its clients in Amherst, OH. In business since 1954, this independent agency can help you find the right products to protect your home, family, and auto. They also provide coverage for small business owners, as well as life insurance, to ensure that the people you care about most will be taken care of after you’re gone. Schedule a consultation today by calling (440) 984-6771, and you can also learn more about their range of services by visiting them online.