What Is Personal Liability Insurance?

Insurance is a way to protect people, property, and more from financial consequences when something goes wrong. One important type of insurance protection comes through personal liability insurance coverage. This type of insurance allows you to protect your home, your property, and the people who visit your home.

Personal liability coverage is insurance that covers bodily injury and property damage that occurs in your home or on your property. If an accident happens to someone at your home—like someone falling down the stairs—there will be costs associated with the medical bills and other fees that could add up quickly and lead to financial difficulties. Essentially, the costs would all have to be covered out of pocket, and that could lead to problems. Personal liability insurance is a way to cover those costs to protect your home and finances if an accident does happen.

Personal liability coverage also extends to protecting your family. This insurance covers damages that protected individuals are responsible for up to the limits of the policy. So if a covered individual throws a baseball through a neighbor's window, personal liability coverage insurance could help pay for the expense of repairing the window.

Because personal liability insurance is designed to protect you, it's important to make sure you always have the right coverage. Acrisure can help you find the right insurance for you to help you get started protecting your home, family, business, auto, and visiting guests.

You may also be asking: what is personal liability on home insurance policies? A typical homeowners insurance policy will cover three main elements: damage to your home, loss or theft of possessions, and personal liability for injury to others. You can also purchase personal liability insurance as a stand-alone policy if your plan doesn’t have this kind of coverage, or personal liability coverage for renters.