Home Liability Insurance

Home Liability Insurance

Home liability insurance is typically part of the coverage you receive with a home owner insurance policy. Here are some things you should know.

A typical home insurance policy provides physical damage protection for your home and possessions, plus some personal liability coverage. Specifically, the policy provides:

Dwelling coverage -- To help repair or replace your home.
Contents or possessions -- Usually a percentage of dwelling to replace stolen or damage personal property.
Liability -- To pay judgments against you and attorney fees if you are sued, up to a set limit in the policy.
Living expenses -- If your home becomes uninhabitable due to a loss.

Now the amount of the liability insurance in a homeowner's policy may not be enough for your peace of mind, especially if you have certain risk factors such as a swimming pool or a dog.

Because of this, many people choose to purchase a personal umbrella policy.

An umbrella policy gives you an additional layer of liability protection in the event you are sued. Usually, you'll need to use the limits up in your standard home insurance coverage before the umbrella coverage kicks in. Because of that, many insurers require you to have a certain amount of liability in your home policy.

For example, you may need to increase your liability protection from 0,000 to 0,000 in order to get million in umbrella coverage.

When you get home insurance quotes, you can see how much increasing your liability limit will affect your premium. One way is to get some quotes you like, and then talk to the agent or company providing the quote and ask for a couple of different scenarios. You can also request an umbrella quote at that time.

It's easy to compare home insurance quotes online at an insurance comparison site. Simply enter your information once into a quote request box or form and you should get several competing quotes back. Remember that for your dwelling coverage, you don't need to include the cost of the land itself.

Compare home liability insurance quotes now.

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