Owning a home is hard work, but if you don’t have the right insurance policies, it can become even harder. You probably already know that you need home insurance and flood insurance, but is it enough? Check out these reasons you need liability insurance Newark DE.
It Protects Your Assets
An unfortunate downside of owning property is that you are responsible for any injury that takes place on it. If a contractor or visitor falls or is otherwise injured in your home or yard, you could be responsible for the bills. A personal liability policy protects your assets should you find yourself in a lawsuit. It not only helps you pay for the injured person’s medical bills but also covers fines and court costs related to the situation.
It Could Cover You and Your Family
Hopefully, your family has health insurance. Even if you do, though, it may not