San Francisco, CA is a beautiful and exciting place to call home. If you own a home in the city, you can protect your valuable property and lifestyle with home insurance. Liability coverage is particularly important to protect your assets against liability claims that can deplete your finances. Here’s why liability coverage from Biddle-Shaw Insurance Services Inc. is a must for California homeowners.      

Protection against Accidents

Accidents are common occurrences at home, even if you maintain a safe and secure environment. If a visitor is injured in an accident on your property, you could be held responsible. That means you’d have to pay his medical costs. Liability insurance protects you from accidents by paying the cost of accidental injuries or damages that occur on your property.

Serious accidents could deplete your financial assets if you had to cover these expenses on your own. Imagine having to pay thousands or tens of thousands of dollars’ worth of medical expenses, lost wages or disability due to someone having a serious accident in your San Francisco, CA home. You may have to tap into your savings, retirement funds, investment funds or future wages to cover these costs.

Protection against Lawsuits

If you’re found negligent for a serious accident in your home, you could be sued for damages. In addition to paying legal costs, you may have to pay a major settlement of hundreds of thousands of dollars or more, if you lose the lawsuit. Liability insurance protects you against lawsuits by covering legal fees and settlement costs, up to the limits of your policy. Ideally, your liability coverage should be enough to protect your assets against the risk of lawsuits.

For more information about liability insurance or to purchase home liability coverage, see your Biddle-Shaw Insurance Services Inc. agent today.