As a homeowner, you know that you are subject to a certain amount of liability risk. This is why all standard homeowners insurance policies come equipped with personal liability coverage. Unfortunately, if you have special features in your home or on your property, then your liability risks are higher than the average homeowner. This also means that the liability coverage offered by your homeowner's insurance may not be enough. Fortunately, you can secure the additional coverage that you need with a personal umbrella insurance policy. Here are some of the special home features that require extra liability protection.
Trampoline
If you have a trampoline on your property, it increases the chances of a third-party injury taking place on your property significantly. In fact, most insurers specifically refuse to cover trampolines due to their risky nature. So, to ensure that the cost of trampoline-related injuries or damages does not come out of your own pocket, you may want to look into securing coverage through an umbrella policy.
Swimming Pool
While you may assume that your home swimming pool is covered under your homeowner's insurance policy, this isn't always the case. Some insurers view pools as too risky and will exclude them from coverage under your policy. If your insurer does offer coverage for your pool, your coverage limits probably aren't high enough to address the full cost of a pool-related injury or accidental drowning. To secure the additional protection you need, umbrella insurance is the way to go.
Pets
If you have a pet, specifically a dog, you are at a higher risk for a personal liability issue. To make matters worse, many insurers refuse to offer coverage for certain "dangerous" dog breeds. Even if your dog is covered, your limits will not be enough to fully cover the cost of a pet-related liability claim, such as a dog bite. Fortunately, you can access the extra protection you need with a personal umbrella policy.
These are some of the special home features that require extra liability protection. Do you have further questions regarding your personal liability or homeowners insurance? If so, contact the experts at John E. Peakes Insurance Agency. Serving Ventura, Lancaster, and Monterey, California, we are ready to assist you with all your coverage needs today.
