Your front steps recently started to crumble a little bit — what would happen if your neighbor slipped and hurt their wrist while bringing you some mail?
When things go wrong, many people are happy to resolve problems privately or forgive the responsible party. But sometimes an injury or a property loss is so expensive that outside help is the only way to pay for the damage.
Here’s what to know about how to protect yourself from potentially costly accidents.
What does personal liability insurance cover?
If someone is accidentally injured in your home or on your property, personal liability insurance can help cover their medical bills and protect you if you’re sued.
If you or someone else covered by your policy accidentally damages someone else’s property, personal liability insurance can pay for the loss.
What doesn’t personal liability insurance cover?
Personal liability doesn’t cover your own damage to your own property and covered family members, though other insurance often does.
If your spouse falls off a ladder, your health insurance will provide coverage. If you accidentally start a fire and cause damage in your kitchen, your homeowners or renters insurance will kick in. If you injure someone while driving, you’ll file an auto insurance claim. And you’ll need a separate policy for business activities.
How do I get personal liability coverage?
If you have homeowners insurance or renters insurance, you already have personal liability coverage. The question is whether you have enough.
Insurance protects us against losses we can’t afford to pay for without help. Do you know how much personal liability insurance you have and whether it’s enough?
Reach out today and we’ll figure it out together.
No matter what type of insurance you are considering, whether it be health insurance or fire insurance or even flood insurance, you should always follow the same general rule and that is to pick the coverage that suits your situation best. The same is true when picking Van Insurance also.
Further explanation, the people whose greed would be bailed out, Corporate America, would be bailed out. So the money was given to the thieves. In what system does anyone learn not to do the right thing, and you will be rewarded? I personally would have rather the people who did wrong end up homeless, or lose their jobs.
Sue -My dad sells insurance. The people who buy it don't know for sure they will need it. They don't want to get sick or die. But they buy insurance to protect their families just in case. That way if something bad happens, they'll be protected. So just in case global warming does hurt our earth, we need to protect ourselves ahead of time. It's like Flood Insurance.
How about you? What natural disasters could cause your problems? Have you taken even the smallest steps to prepare? If and how you survive depends on these answers. I have to tell you, I've been in more than one. I've been in a major flood, a large tornado, ice storms, a blizzard and Northridge. I don't want to do any of them again. However, for most, we were ready.
The reputation of a mold remediation company is important. By reading reviews about a company and even talking to those who have used the company, you should be able to find out whether a particular company can be trusted. You will not want a company that has a reputation for not leaving things neat and in order or at least trying to leave them somewhat better than when they arrived.
Phil - Remember the air movement is what ends up as our weather. Hurricanes begin off the coast of Africa and then go to the Caribbean. Our earth has one big atmosphere. The air circulate all over the world.
So then, don't be fooled by asking "How much house can I afford?". The real truth is that none of us can afford to lose our home. Use your hard earned income judiciously, be reasonable and anticipate unforeseen expenses. Then, you can be reasonably confident that you will not lose your new home, but instead will be able to truly enjoy it, because you asked the right question.