Financial Literacy and Money Script by Christine Sahadeo

Author:Christine Sahadeo
Language: eng
Format: epub
Publisher: Springer International Publishing, Cham

Homeowner’s Comprehensive Policy: Additional Coverage

Insurers generally provide additional coverage under the homeowners comprehensive policy as follows:Public Liability

Generally, public liability insurance covers the risk of injury or damage to someone visiting your home, caused for example, by slipping on a wet floor or bumping into your glass door. As the homeowner, you may be legally liable to provide compensation to that visitor or even uninvited stranger. Limits of liability vary from one insurer to another but are normally restricted to $500,000 per event.

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