Liability lawsuits can happen for a range of reasons, from a dog bite to someone slipping and falling on your sidewalk. In most cases, your home insurance in Birmingham, AL, can help. It’s crucial to understand how insurance works when there’s a lawsuit to make sure you have proper coverage. <\/p>\n
Most policies automatically include personal liability coverage. Liability coverage will cover bodily injury and property damage that happens to someone else if it’s your fault. This doesn’t cover your personal bodily injury or property damage, though. <\/p>\n
Most liability policies will provide coverage for a legal team or settlement against you. They also set aside a certain amount for bodily injury to cover the victim’s medical bills. <\/p>\n
Every policy has coverage limits, including the liability portion of your homeowners insurance policy. An agent at Magic City Insurance Group LLC can help you learn more about what your policy does and doesn’t cover. <\/p>\n
If there are damages that exceed your coverage limits, you’ll be responsible for paying the difference. For example, if bodily injury coverage is $50,000, but medical bills are $80,000 and the victim refuses to take a settlement check, you are then responsible for the difference of $30,000. <\/p>\n
Many people opt for a personal umbrella policy to help protect their assets. Umbrella policies offer additional liability coverage that will kick in if a lawsuit exceeds your current coverage limits. For example, in the previous scenario, the umbrella policy would pay the difference instead of you. <\/p>\n
We understand how stressful lawsuits can be and how complex insurance is. Agents at Magic City Insurance Group LLC are here for you. We’ll help walk you through the process. Contact us to learn more. We’re currently serving Birmingham, AL. <\/p>\n","protected":false},"excerpt":{"rendered":"
Liability lawsuits can happen for a range of reasons, from a dog bite to someone slipping and falling on your sidewalk. In most cases, your home insurance in Birmingham, AL, can help. It’s crucial to understand how insurance works when there’s a lawsuit to make sure you have proper coverage. Liability Coverage Most policies automatically […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[14,13,16,12,6],"class_list":["post-104","post","type-post","status-publish","format-standard","hentry","category-home-insurance","tag-al","tag-birmingham","tag-home","tag-insurance","tag-magic-city-insurance-group-llc"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t