Ignite FB Tracking PixelWhat is personal liability coverage? - Selina Zhao
Vanguard Properties
Vanguard Properties
Selina Zhao, Vanguard PropertiesPhone: (415) 919-0000
Email: [email protected]

What is personal liability coverage?

by Selina Zhao 04/10/2023

Personal liability coverage is included in standard home insurance policies. This type of coverage protects you financially against claims from injuries and damage to other people or property.

To help explain how personal liability insurance works, here is a guide to the basics:

What does personal liability insurance cover?

Personal liability insurance is there to help you if you’re sued or found liable in court. The details can vary from one policy to the next, but here are some examples of situations included in most personal liability coverage:

  • Somebody is injured in your home or at another property you own.
  • Somebody is injured as a result of a traffic accident.
  • Property damage.
  • Certain lawsuits such as those for libel, slander or false arrest.
  • Paying court fees for lawsuits brought against you.

Some of these scenarios are normally covered by other types of insurance, like home and auto. However, the personal liability coverage is for anything beyond the limit of other policies. For example, if you’re liable for somebody’s medical bills after they’re injured on your property, it would be the amount over and above what that individual’s insurance could pay.

What does personal liability insurance not cover?

It’s crucial to know what might be excluded from your personal liability coverage. Some examples include:

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  • Bodily injury to you or another person living in your household.
  • Business-related accidents.
  • Workers compensation for your employees.
  • Damage to your own property.

For the above scenarios, there may be other specific types of coverage to help instead, such as business liability insurance. If you sustain injuries or property damage, your medical and homeowners insurance would be responsible.

Whether you need personal liability insurance is entirely up to you. If you’re not sure of the best choice, consult with a financial advisor to identify any possible sources of liability you might want coverage for.

About the Author
Author

Selina Zhao

Selina Zhao is a tech savvy real estate agent who brings over the top-notch marketing strategies, presentation, and negotiation skills to her clients. Selina always stays on top of the real estate market trends and stats. She applies strategies into different market situation and empower her clients to achieve their ultimate goal. During the first year of her real estate career in the Bay Area, she achieved an impressive $22.8M in sales. Selina’s experience on real estate sales ensure her clients get the care and attention they need as they make the crucial decision of buying and selling properties. Selina is vowed to provide excellent service, communication, and always an advocate for her clients.

Selina loves real estate, her career blended in perfectly to her daily life, and she loves to help others to achieve their American dreams. She works restlessly to get the work done. Immigrated from mainland China in 2007, graduated from University of Miami, Selina established her own online marketing company and her real estate career in Miami, Florida before moving to San Francisco in 2017. Her soul of entrepreneurship and cares for others encouraging her to pursue to be the best in the industry. Selina is also a former Miami HEAT video producer, who witness the team winning their 2012 NBA championship at the courtside.