Most people focus on protecting their belongings when they buy home, renters, or condo insurance. But what about protecting your finances if you’re sued?

Liability coverage is one of the most important parts of your policy, yet it’s often overlooked. If someone is injured on your property or you accidentally cause damage to someone else’s property, you could be responsible for thousands—or even millions—of dollars in damages. The question is: Do you have enough liability coverage?

What Does Liability Insurance Cover?

Your home, renters, or condo insurance includes personal liability coverage, which helps protect you if:

✅ Someone is injured in your home – A guest slips on your icy driveway or trips over a loose rug and suffers a serious injury.

✅ You accidentally cause property damage – You leave the bathtub running and flood your condo and the unit below, or your child breaks a neighbor’s window.

✅ Your pet injures someone – If your dog bites someone, you could be responsible for medical bills and legal costs.

✅ You’re sued for negligence – If someone claims you were responsible for an injury or accident, liability insurance covers legal defense costs even if the lawsuit is frivolous.

How Much Liability Coverage Do You Need?

Many standard policies come with $500,000 in liability coverage—but is that enough?

💰 Medical and legal costs add up fast – If someone suffers a severe injury in your home, hospital bills alone could exceed your policy limit. Add in legal fees and a potential lawsuit, and your policy limit could be maxed out quickly.

🏡 Your assets are at risk – If a lawsuit judgment exceeds your coverage limit, you could be forced to pay out of pocket—putting your savings, future wages, and even your home at risk.

📈 Higher limits are affordable – Increasing your liability coverage from $500,000 to $1,000,000 costs only a few dollars more per year—a small price for huge protection.

When to Consider an Umbrella Policy

If you have significant assets, frequently host guests, or own high-risk items like a swimming pool or trampoline, consider an umbrella policy.

☂ What is an umbrella policy? An umbrella policy provides extra liability coverage beyond your home, renters, or condo policy—typically $1 million or more in protection.

☂ Why is it important? 

If a lawsuit exceeds your liability limit, an umbrella policy kicks in to cover the remaining costs—helping to protect your assets from being seized in a lawsuit.

Protect Your Finances—Review Your Liability Coverage Today!

Don’t wait until an accident happens to find out you don’t have enough coverage. At Rathbun Insurance, we can help you assess your risks and adjust your coverage so you’re fully protected.

📞 Call us today for a quick policy review and make sure your liability limits are where they should be!