In addition to protecting your property, home insurance protects you. Most policies include liability insurance, which safeguards residents against lawsuits. The following overview describes how this type of coverage works.

What Does Home Liability Insurance Cover?

As a homeowner, you’re liable for any problems that occur on or as a result of your property. For example, if someone comes to your house, falls on the staircase, and sustains an injury, they could file a lawsuit against you to recoup losses. You will also be liable for property damage, such as when a tree from your yard falls on a neighbor’s vehicle. Home liability insurance kicks in when such issues arise. 

Policies cover medical bills incurred by third parties and repair costs for damaged property. They also provide compensation for lost wages while the person is unable to work. If the injury was particularly serious, personal liability coverage compensates the person for any pain and suffering experienced. It can also cover legal costs from litigation, including attorney fees.

What Are Some Out-of-Pocket Expenses?

Injuries affecting you or other home inhabitants are not covered by liability insurance. Intentional injuries that happen in your home are also exempt from coverage. For example, if a guest engages in a physical altercation with a resident, the policy will not cover injuries.

Most home insurance policies also don’t cover businesses run out of the home. If a client or customer is injured in your residence, you need separate business insurance to cover the resulting costs.

If you need home insurance, turn to Edwards Insurance Agency in Sparta, WI. With more than a century of experience, they will help you find the right policy at the best rate available. They leverage their vast carrier network to ensure homeowners throughout Monroe County have a range of options. They also offer discounts on bundled policies to help people secure affordable coverage. Call (608) 269-4512 to reach an agent, or visit them online for a full list of products.