Liability Limit: Should I Increase Mine?

The warmer weather is finally here (and looks like it will stick around for more than just a couple days as well!). With it comes spending more time outdoors playing with summertime toys and doing fun activities with friends and family.

Nice weather is also perfect for backyard parties and barbecues. It’s great to have people over to celebrate any occasion with, but it’s important to remember that you are responsible for those people while they are on your property, so the question you need to ask yourself before you get deep into any summertime fun is: is my liability coverage high enough?

‘Liability coverage protects you from any liability in paying for injuries to others on your property. It also covers you from legal action in other circumstances like, say, your dog biting your neighbor. Odds are, you won’t ever have to make this type of claim, so make this investment depending on how much risk you are willing to handle.

• Remember, if you don’t have enough coverage to cover personal lawsuits, the courts can go after your assets. For peace of mind, it can be best to have as much coverage as possible.
• The presence of some items like swimming pools that increase the risk of peril and liability.
• For a slightly larger insurance premium, you can get “umbrella coverage”, which offers much more protection.’ (wikihow.com)

The right coverage can provide the ultimate peace of mind in knowing you’re properly protected, and we can help! Contact us to learn more about our home insurance products and choosing liability coverage that will suit your specific needs. Let us earn your trust.