Most people buy home insurance to protect their properties (the house and its contents), but the liability coverage part is just as important. Here are some of the situations in which the liability coverage part of your home insurance can come to your rescue:
If You Accidentally Damage Another Person's Property
Your home insurance liability coverage will come to your
- A home is a privilege and asset which must always be protected against elements beyond your control that might seek to destroy it. These elements could include natural causes like floods, earthquakes, theft, or fire, just to name a few. When you are starting a family, your home becomes even more valuable, because it houses your loved ones and most of your belongings.
- If you're ordered to obtain an SR22 policy, you are usually required to maintain the insurance for a minimum of 3 years, and sometimes longer depending on the violation that triggered the ruling. An SR22 requirement can make getting insurance challenging and expensive, and many people wonder if it was possible to reduce the amount of time they're required to have it.