Do not play Russian roulette with your homeowner’s insurance policy by having inadequate liability coverage. From neighborhood kids breaking a leg while playing football in the yard, to friends falling down the stairs, a dog biting the gardener, or babysitter having her iPod stolen from her car in the driveway, there are countless scenarios that a homeowner must consider.

An Orlando home insurance company can help individuals and families find the right liability coverage should an accident occur at your home. More injuries occur at home than at work, in car crashes, and public places, the National Safety Council reports. One in 23 people were disabled for one day or more because of a home injury or accident they showed. The NSC estimates that the total economic cost of home injuries equals $182.3 billion.

The liability portion of a homeowner’s policy covers against lawsuits for bodily injury or property damage that you, family members, or pets cause to others. Liability limits are typically around $100,000, but extra coverage can be purchased. Umbrella or excess liability policies will provide broader coverage. Coverage E will help to defend individuals in court against claims and pay the claims of others if you are found to be liable for their injury.

In contrast, Coverage F makes payments to individuals when the insured is not necessarily “at fault” for an accident. For example, if a neighbor’s daughter breaks her arm while jumping off the porch stairs, Coverage F would provide reimbursements for medical expenses up to the coverage limit. It’s important to note that in a homeowner’s policy, only individuals not insured on the policy, also known as third-party coverage, are given reimbursements. Medical, surgical, X-ray, ambulance and hospital, as well as dental expenses, are eligible for payment. Coverage E would only kick in if the neighbor ended up suing with a claim that the stairs needed repair, or were slippery, because the accident was your fault.

A good homeowner’s insurance agent will go over the coverage types and recommend the most extensive coverage you can afford to lessen your exposure to big losses. Without adequate coverage, you and your family’s assets could be at risk. Any retirement accounts, stocks, checking and savings, and personal property could be at stake without a liability policy protection.

To learn more call 1.888.525.2210 visit http://www.floridainsurance.com