Liability coverage helps pay for medical and lawsuit expenses when someone is injured on your property or due to your actions. Together, they provide a broad base of protection for your finances.

Property Insurance Coverage for Your Home

Home insurance covers the structure of your home. If your house is damaged by a fire, water from a burst pipe, a storm, falling limbs, or other causes, repairs can be costly. Your homeowners policy will pay for repairs and replacement of your home structure up to the policy limits, giving you the money to rebuild. Many policies also cover non-attached structures such as detached garage, sheds, and fences.

Property Insurance Coverage for Your Belongings

Not only is the structure covered, but all of your belongings can be covered by your home insurance policy. Your home contains tens of thousands of dollars’ worth of items including:

• Furniture
• Carpeting
• Window treatments
• Appliances
• Electronics
• Computer equipment
• Jewelry
• Art

If your home is broken into, or these items are damaged due to a covered event, your home policy can cover the cost of replacement.

Most policies will cover your belongings even if you take them off your home property, though your coverage limits may be lower. Your agent can advise you on the terms of your specific policy.

Make Sure You have Enough Property Coverage

Though your homeowners policy covers all of your belongings, the coverage limits can be too low to effectively cover some items. If you have expensive jewelry, art, antiques, or other items that exceed your policy limit, you may need to purchase a rider or additional insurance on these specific items to have comprehensive coverage for your belongings.

Liability Protection

If a guest or delivery person is injured on your property, such as due to a slippery driveway during a snowy day in Worcester, MA, a dog bite, or food poisoning, you may be held legally liable for their medical expenses. You may also be sued for additional losses, such as lost wages if they are unable to work. The liability protection included in your homeowners policy covers accidental injuries and damage done to others through your actions or negligence. It covers your entire family, for full protection against a wide range of situations.

If someone is injured, your insurance can help pay their medical bills. If they sue you, your legal defenses and settlements can be covered up to your policy limits.

Who Needs Homeowners Insurance?

While a home policy is not required by law, if you have a mortgage or other loan on your home, most lenders will require that you have a homeowners insurance policy. Even when not required, few Worcester, MA residents could pay for damages to their home or due to an accident out of pocket. For this reason, insurance experts recommend that all homeowners purchase an appropriate home insurance policy to protect your home, its belongings, and your finances.