Most people think the biggest risk to their home is a fire or a bad storm. It’s why they buy insurance (and the fact that it’s required by their mortgage lender).
But in reality, the biggest concern is protecting your assets from a liability claim.
Warm weather has arrived and everyone is beginning their yard work. Mowing, planting flowers, and digging those vegetable gardens. There is a lot of work to be done.
So let’s say that you dig a large hole in the front yard so you can plant a new tree. You walk away for a moment and while you’re gone the kid next door runs through the yard, falls in the hole, and breaks his ankle.
Unfortunately, you could be held responsible for his injury. But not to worry, your homeowner’s liability insurance is made for these kind of situations. It will pay if someone is injured on your property. It’s also the coverage that protects you if the dog bites your child’s friend (as long as it’s not a restricted breed), or if your cousin falls down your front steps.
If you have a large number of assets, then you’ll want higher liability coverage. If the injury exceeds your liability coverage amount, then you could be sued for the difference.
Work with us to determine the amount of coverage that you are comfortable carrying.
No one can protect themselves by just being careful alone. There are too many possible scenarios that you could never avoid. But with the right insurance coverage, you’ll never have to worry.
Call us today, 410-838-5480, for a free review and to discuss how much liability coverage you need.