Injuries at home are a costly affair. Studies have shown that approximately one-tenth of homeowners have filed a claim for bodily injury at some time during their residency. Even if you think that you have the coziest and safest house in the neighborhood, accidents are still unavoidable.
Someone can get hurt in your home without a warning. Your dog may bite a classmate of your child, your houseguest might trip on your floor and break a leg, someone may lose their balance while going down the stairs or a helpful neighbor may bump his head on your sink as he is fixing your leaking faucet.
In the event of accidents and injuries, your home insurance enters the picture. With your home insurance, you can save a significant amount of money from paying the medical expenses and salary compensation to the victims.
The following are some things to consider when someone is injured inside your property.
1. In some instances, the cause of the injury is a certain hazard in your premises. By and large, liability insurance provides you with the appropriate protection if the insurer finds out that it is your fault. If the accident is not your fault, for example, someone trips on a toy that is on the floor, the insurer may not pay for any claim. However, they may still pay to help you get a legal assistance in an event of a lawsuit.
2. Basically, the insurance company will acknowledge the fact that an accident happened in your house and someone was injured. Your home insurance policy could reimburse and cover an injury but with limitations. For minor injuries, a normal home insurance policy could cover $1000 and $5000 depending on your policy.
If the insurer determines that the homeowner is responsible for the accident, your insurance may pay for the lost wages and medical expenses up to $25,000 or more.
3. If your home insurance declines any claim or limits the coverage, you can consider umbrella coverage. It is considered an additional policy that continues where the home insurance stops. It means that the umbrella coverage will pay the remaining claims for lost wages and medical bills.
When these injuries happen in your house, take some pictures to capture the scene. If you are renting, notify your landlord at once if you see any hazard on the property. It would be helpful for you later on.
Work with an insurer that you can trust. Brad Spurgeon has its clients as their first priority with affordable rates and comprehensive policies. To learn more about how we can help you please contact our agency at (409) 877-775 or Click Here to request a free quote.