Ormond Beach, Daytona Beach, and Palm Coast, Florida
The liability portion of your homeowners insurance policy covers you against lawsuits for bodily injury or property damage that you or family members (including pets!) cause to other people or their property. This does not cover damage that you or your family members cause to your own home and property.
The liability insurance policy portion will pay for both the cost of defending you in court and any lawsuits (up to the limit of your policy). This coverage applies to what happens in your home or anywhere else. This protection gives you peace of mind in case of accidents, damages, or injuries.
How Much Coverage Do I Need?
The limits of liability usually start at about $100,000 yet many insurance experts recommend that at least $300,000 will give you adequate protection. That being said there is no reason why you may want to purchase even more coverage - better to be safe than sorry. Consider an umbrella insurance policy or excess liability policy which provides all encompassing coverage, including claims against you for libel and slander.
The liability portion of your homeowners insurance policy will also include no-fault medical coverage so that if someone is injured in your residence, they can easily submit medical bills to your insurance company. The typical amount of no-fault medical coverage range from $1,000 to $5,000 total. But remember this coverage will not pay the medical bills for your family or your pet.