What Is Homeowner Liability Insurance (And Whether You Need More)

Your home is one of your greatest assets — but are you protected if someone were to sustain an injury on your property? If your dog bites someone in your home, there is an accident in your backyard pool, or a visitor trips and falls down your stairs, you could be sued. Sadly, if you lost a lawsuit where damages amount to millions of dollars, you could lose your savings and the equity in your home. Find a top real estate agent near you We analyze over 27 million transactions and thousands of reviews to determine which agent is best for you based on your needs. It takes just two minutes to match you with the best real estate agents, who will contact you and guide you through the process. Liability insurance is wrapped into your homeowner’s insurance policy, but is that basic coverage enough to protect you? In this post, we’ll help you determine whether it makes sense to get supplemental liability coverage in addition to what’s included in your homeowner’s policy. What is homeowner liability insurance? Homeowner’s liability insurance helps protect you against lawsuits brought on by injury or property damage caused by you, your family members, or your pets. The standard homeowner’s lia...