What is Homeowners Liability Coverage? | Allstate Insurance

I’m Linda Wagner, and I’m an Allstate agency owner in Lake in the Hills, Illinois I'm here to talk about homeowners liability coverage, which is included in most homeowners insurance policies

This coverage may help pay for repairs if you damage someone else's property It may also help pay for medical bills if someone is injured in your home or you are responsible for their injuries at another location I once helped a married couple with a liability insurance claim The husband let the dog outside on a summer day They had installed an invisible fence to keep their dog in their yard

But either the dog broke the invisible fence, or it stopped working, because somehow, the dog got into the neighbor’s yard The next day, the neighbor came by and told the wife, ‘Your dog knocked me over in my yard yesterday and I broke my wrist’ He handed them paperwork showing he had needed x-rays and bracing The wife called me right away and said, ‘What do I do?’ We opened a claim for them immediately Their liability coverage paid for the neighbor's medical bills and covered a settlement for pain and suffering, resolving the situation to everyone's satisfaction

Many people don’t realize how much they have to lose if an incident occurs and they’re held responsible, especially if someone is seriously hurt There are all kinds of situations where liability insurance may help protect you from dipping into your savings if you're found at-fault for someone else's injuries