Personal Liability Affects Everyone : Dear Insurance Agent...
HomeAbout UsContact UsCommunity ConnectBLOG: Dear Insurance Agent


EPAY
Online. 24/7
Independent Insurance Agents of Texas

Personal Liability Affects Everyone

by A. Montalbano on 09/29/15

Scenario 1:  You throw a birthday party for your 1 year old at your lovely home and everything was perfect until your best friends' mother trips on your child's sand box.  You do everything to make her comfortable but in excruciating pain, you rush her to the emergency room and pay the medical expenses. 

Scenario 2:  You love your pet and love to share his presence with everyone.  But one day, you invite a guest into your home and "Bruiser", the sweet Silky Terrier, becomes territorial and takes a nip at your guests ankle.  You apologize, remove your pet from the room, and apply first aid to your guest. 

Which one of these scenarios, where you acted appropriately, will keep you from a possible lawsuit? 
Neither.  Both are possible lawsuits.  That's where homeowners insurance kicks in.

Home Owners Liability: Meanwhile, when an accident occurs in your home, you are obligated to act swiftly.  A trip to the emergency room is not cheap.  Most homeowners policies come with coverage for Medical Payments.  This means your policy will pay up to that stated limit for emergency care(up to $3000) which includes ambulance service(up to $1200), not cheap either.  So make sure you have adequate coverage; a smart start is at $5000. 
The liability portion of your homeowners policy is the coverage most injury lawsuits target. So if you policy only includes $100,000, this is as far as your insurance company will pay out.  A $300,000 limit is practically the same cost as $100,000 limit.  But be smart and include a higher coverage limit.  Most policies range up to $500,000 but if you have assets to protect, purchase an umbrella. Umbrellas can range from $1 million to $10 million in coverage and pick up after your homeowners liability coverage of $500,000 is depleted from a lawsuit. 

What to take from this?  Increase your homeowners liability.  But Crowd Control is what you want in your personal space when inviting guests.  Remove the likelihood of liability.  Be the radar and comb the room(s) or areas.

Pets
are loved but not everyone else knows him/her like you do.  Don't believe your pet is likable to all.  Keep them out of view for safety and from possible unpredictable behavior.

De-clutter space you intend to use for guests whether indoors or outdoors.  Reducing the likelihood of possible tripping and brushing against sharp or pointy objects.  And let your guests know where bathroom facilities are located so they don't wonder into the unknown. 

Comments (0)


Leave a comment


AGIS | PO BOX 448 | MAGNOLIA, TX 77353
Blog





Construction
Keeping it safe on the job site and whats trending in the builders world.






​01/24/17 
Gotta Love A Tool: 
5 Tips from an Equipment Thief 
​08/2014 Gotta Love A Tool:
History of Tools: 2 Great Empires
08/2014 Gotta Love A Tool: 
10 Important Tool Wonders
07/07/16
Outdoor Projects Heat Alert


Insurance

Secrets and tips of how to stay ahead.​

​04/07/19 Secrets Before You Buy A Home. Part 1
06/06/18 The Story of Your Insurance Matrix Life
05/20/18  10 Things You Should Never Keep From Your Agent
05/16/18 Agent vs Do-It-Yourself
03/01/18  How Your Website and/or Social Media Can Kill Your Chances of Business Insurance Coverage.
10/20/16Safety is Key When Prepping Home for the Holidays 
​10/06/16About Hurricanes and Storms For Texas Newcomers 
​08/02/16Vicious Dog List problematic coverage.
​07/01/16How Insurance Helped the U.S. Prosper: Colonial America and Benjamin Franklin
​01/07/16Steps to Take When Involved In An Auto Accident 
​12/28/1510 Things When Searching for An Apartment.
10/22/15Prepping Your Home for Fall Season Is Claims Deterrent 
09/2015  Personal Liability Affects Everyone.
08/2015  Does My Car Have Flood Coverage?
08/2015  High Risk Drivers...
04/2015 7 Car Shopping Strategies.(Progressive)
11/2014  Not-So-Bright Mishaps...
​10/2014 10 Dumb Ways to Increase Insurance.


​Business

Keeping abreast of trends and get inspired on making your mark in business. 

06/25/17  American Entrepreneural Spirit: Ideas to Independence  
02/15/17 
U.S. Open for Business 
01/25/17 
And the Self-Made Shall Inherit the Earth 
01/05/17 
Small Business the Fabric of American Society 
08/2015
Preventing Small Business Claims.
08/2015  
Myths and Facts: Business Liability...
09/2014  How the USA Prospered: Ships Sailed to the New World
08/2014 The Rise of Lloyds of London
08/2014 Why Every Size Business Needs General Liability
02/2014  What the Stars Insure.
Month of May 2019:  Safety on the site.
OSHA Guide to Recommended Practices.
Presenting what we know: business, insurance, market trends, and the history of great societies 
(its all related).