Home insurance is one of the most important types of insurance that most people need. The lender requires this type of insurance, and your region may require the Homeowners Association (HOA). The HOA offers various kinds of coverage in one policy. But does it have any liability coverage? To learn more about home insurance and get started with a policy, call us at Securum LLC in Lynnwood, WA.
Understanding Liability Coverage in Home Insurance
When you have a home insurance policy, liability coverage is one of the coverage types. This is used when someone else has an accident. When someone is on your property, it’s possible for them to have an accident and to get injured. There is always the potential for accidents, even when things are tidy. Anyone can fall and become injured. When this happens, you would be liable for all of the costs that come from the accident. With home insurance, liability coverage can pay those bills, so you won’t have to pay them.
The Costs of an Accident
When considering liability for accidents and the bills they cause, most people think only of the medical bills. Medical bills can be costly, but they aren’t the only type of bill that would come in. There may also be legal bills that need to be paid. If the victim misses work, lost wages may be due. There could also be a need for ongoing therapies to help with healing. Home insurance can pay for all of these.
Get Home Insurance in Washington
If you don’t yet have a home policy, it’s time to get one. Never go without home insurance for as long as you own the hoCallcall us at Securum LLC in Lynnwood, WA t to get startedoday.
