What You Need To Know About Homeowner Liability Claims

One of the most critical parts of a homeowner insurance policy is the liability portion. This covers property owners against lawsuits that may occur because of another party becoming injured on their premises. Most homeowner policies provide a minimum of $100,000 in coverage for liability. However, many individuals opt for higher limits to ensure their assets are not at risk in the event of a worst-case scenario.

There are a number of instances when the liability portion of your homeowner policy may be needed. Here are five of the most common:

Trampolines: Many families put trampolines in the yard for their children to jump on; this is particularly popular during the summer months. Moreover, when your kids have a trampoline, you can bet they will have numerous friends coming over for some outdoor fun. Just make sure to have an adult nearby at all times when your kids have friends over. Trampolines are a blast, but they can also be hazardous, particularly if one of the kids bounces off and lands on the lawn or the patio.

Intoxicated Guests: Many people do not realize that when they host a party where alcohol is served and a guest becomes intoxicated and causes harm to someone else, the homeowner can be held responsible. Always be careful who you invite to the parties you host, and check with your insurance agent to make sure your homeowner policy has host liquor liability coverage.

Fallen Trees: Maturing trees that are in danger of outgrowing your property can pose a hazard for those nearby. This is particularly true during stormy seasons such as spring hailstorms and winter snow and ice. Tree branches (and sometimes entire trees) have been known to fall on cars in the neighborhood or even other people. Summer is a good time to call a tree service and have your trees checked out for any hazards.

Slip and Fall: Home accidents are common especially during the winter months when snow and ice tend to accumulate on walkways. Some of these accidents are the result of homeowner negligence, and others are the result of carelessness on the part of guests. Often, it is difficult to determine fault and insurers sometimes err on the side of paying out the claim.

Dog Bites: According to the Insurance Information Institute, dog bites are the largest homeowner liability claim accounting for more than one-third of the money paid out from policies. Certain breeds such as German shepherds, Pit Bulls, and Rottweilers are considered more dangerous and many insurers will exclude coverage for such breeds. If you have a dog, always be sure it is kept tied up or caged. It is also a good idea to make sure it is properly trained; consult a training professional if necessary.

If you have a dog that is considered a dangerous breed and you are having trouble finding coverage, speak with a homeowner liability insurance agent. Independent agents work with several of the top carriers in your state and are often able to find coverage for consumers who have difficulty finding it elsewhere.