Personal liability insurance is one of the six main types of coverage provided by homeowners insurance.<\/p>\n
Here\u2019s a look at what the personal liability coverage portion of your homeowners insurance policy covers, what\u2019s excluded, and how much coverage you need in order to best protect yourself and your family:<\/b><\/p>\n <\/a><\/p>\n As you can probably guess from the name, personal liability coverage is intended to cover expenses related to injuries or damages for which you (or members of your household) are deemed liable. The personal liability coverage included in your homeowners insurance policy<\/a> protects you in case of lawsuits that claim you, a family member, or even a household pet, caused bodily injury or property damage.<\/p>\n These coverage limits can pay to defend you in court against a lawsuit, or to pay for damages awarded to someone else as the result of a suit. The maximum amount of personal liability coverage depends on your state and the limits you choose when you purchase your policy.<\/p>\n If you\u2019re looking for a homeowners insurance quote with personal liability coverage, Credible can help you get started.<\/p>\n Get Insurance Quotes Now<\/a><\/p>\n <\/p>\n <\/p>\n <\/div><\/div><\/p>\n\n <\/a><\/p>\n If an eligible loss occurs, the coverage from this policy will step in to pay a range of different expenses, up to the policy limit. This could include the other party\u2019s medical bills, the cost of litigating your case, or even the amount awarded to an injured party, and would be applied before you\u2019re forced to tap into other assets to cover those damages.<\/p>\n Check Out: <\/i><\/b>Everything You Need to Know About Home Insurance Claims<\/i><\/b><\/a><\/p>\n <\/a><\/p>\n Of course, policies may differ between insurers, but generally personal liability insurance covers:<\/p>\n <\/a><\/p>\n Of course, this personal liability insurance doesn\u2019t extend to every possible situation, especially if other types of insurance policies are considered primary.<\/p>\n Your homeowners insurance liability coverage generally won\u2019t pay if :<\/p>\n Generally, personal liability insurance does not cover your own property damages or personal injuries. It also excludes incidents related to your business or auto accidents, and won\u2019t cover intentional damages such as assault or vandalism.<\/p>\n <\/a><\/p>\n In addition to dwelling coverage, the typical homeowners insurance policy comes with liability coverage limits starting around $100,000. However, homeowners have the option to increase this coverage for an additional cost.<\/p>\n When it comes to choosing your personal liability coverage limits, it\u2019s important to consider everything that you have at stake.<\/p>\n For example, if you\u2019re sued and found liable for damages that occur on your property or as a result of your (or your family\u2019s) actions, all your current assets could be lost. This includes your savings and retirement accounts, your personal property<\/a>, investments, and even your family\u2019s home.<\/p>\n How much could you potentially lose if someone were to sue you for catastrophic damages?<\/p>\n In some cases, it may also make sense to purchase an umbrella policy or excess liability coverage, so that you\u2019re always protected against loss, regardless of where or when an incident occurs.<\/p>\n Get Insurance Quotes Now<\/a><\/p>\n <\/p>\n <\/p>\n <\/div><\/div><\/p>\n\n Learn More: <\/i><\/b>How Much Homeowners Insurance Do I Need?<\/i><\/b><\/a><\/p>\n\n
What is personal liability coverage?<\/h2>\n
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How does personal liability coverage work?<\/h2>\n
What does personal liability insurance cover?<\/h2>\n
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What does personal liability insurance not cover?<\/h2>\n
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How much personal liability coverage do you need?<\/h2>\n
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\n\t Personal liability coverage<\/strong><\/th> Annual homeowners insurance rate<\/strong><\/th> Cost of increased coverage<\/strong><\/th>\n<\/tr>\n<\/thead>\n\n \n\t $100,000<\/td> $3,098<\/td> \u2014<\/td>\n<\/tr>\n \n\t $200,000<\/td> $3,114<\/td> $16<\/td>\n<\/tr>\n \n\t $400,000<\/td> $3,139<\/td> $25<\/td>\n<\/tr>\n \n\t $600,000<\/td> $3,161<\/td> $22<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n