Did you know that you stand the risk of being sued as a homeowner if somebody gets injured on your property? An accident can happen to someone visiting you or to someone you have hired to mow your lawn or fix your light. A visiting friend may trip and fall on the stairs, injuring or breaking a leg.
A property owner stands the risk of being held legally liable for an accident happening on his own property. The liability coverage offered by standard homeowner’s insurance can be of use but only to an extent. It may not be enough to cover you against major claims.
Umbrella insurance offers you additional coverage should you exhaust your homeowner’s insurance, leaving you exposed to the possibility of losing your property. Here are some situations that
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