One misconception about homeowner's liability insurance coverage is that it only covers incidents in the home.
In fact, coverage under the comprehensive personal liability portion of your homeowner's policy is not limited by location. It is, however, limited by the liability caps on your policy.
Here are some examples of what likely would be covered by the personal liability portion of your policy:
Additionally, the liability portion of your policy could also extend coverage for the following items, even if an incident happens away from the insured premises:
What isn't covered
Here are examples where coverage does not exist and is excluded by nearly every homeowner's insurance policy:
Policies vary, so it is important to review yours to see what may or may not be covered.
Additionally, some policies allow you to endorse a coverage that may not be on the policy. This is why it is so important to sit down with us to address additional risks you may have and make sure coverage for those risks is addressed.
Liability coverage is perhaps the most important coverage you should have, simply because most of these cases involve attorneys and, if coverage exists, the insurers provide for your defense, as well as any settlement for up to the limits of your policy.
880 Locust Street, Suite 200
Dubuque, IA 52001
Phone: (563) 556-0272
An AssuredPartners Agency
In February 2020, The Friedman Group joined AssuredPartners, the 11th largest insurance brokerage in the U.S. This partnership provides us access to additional capital and a national footprint that enables us to continue to negotiate the most favorable coverage terms and conditions for our clients, and allows us to provide an even broader spectrum of risk management support services.