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Personal liability coverage is a component of most Texas homeowners insurance policies. A typical home, condo or renters policy may defend you if someone makes a liability claim against you for accidentally causing an injury or damaging property of others. For example, you could be covered if someone is hurt in your front yard, and you are found negligent due to the hazard causing the injury. Of course, there are some exclusions to home liability coverage.
What Is Home Insurance?
The Texas homeowners policy helps protect the structure of your home (dwelling) and your belongings (personal property) against covered perils such as fire, hurricane, wind, hail, vandalism, theft. The policy also typically includes some coverage for personal liability if you accidentally cause an injury or damage to property of others at your residence.
What Is Crypto Insurance?
Is a type of standalone liability insurance policy designed to cover cryptocurrency-related losses, theft, cyber or security breach. This coverage is not available on a homeowner insurance policy.
What Is Cyber Liability?
Cyber liability insurance is a commercial insurance policy that provides businesses with a combination of coverage options to help protect the company from cyber extortion or data breach. If you run a business out of your home, your homeowner’s personal liability insurance usually will not cover a claim for an injury or property damage that is related to or results from your work.
What Is Identity Theft?
ID theft occurs when someone steals your personal information. ID theft recovery or ID fraud recovery insurance is not included automatically on your home insurance. Although, the coverage can often be added by endorsement for a minimum cost. If you do not have it already, there are several reasons to consider getting identity theft recovery protection.
Identity theft occurs when someone takes your personal information such as a credit card, medical identification, or social security number. This data then can be used to commit crimes in your name. Existing accounts can be taken over fraudulently, or your name used to open new accounts or apply for loans.
ID theft recovery insurance typically does not provide coverage for any stolen money or financial loss. The financial loss would fall under your financial institution or credit agreements. As part of the coverage and at no additional charge, a dedicated case management company works directly with you to work through your claim process. ID Theft and ID Fraud endorsements on a home policy focus on the recovery of your identity such as legal fees, repairing credit report or replacing credentials. It is also important to note that any claims made under this coverage option will have no impact on your future home insurance premiums. Start your home quote now!
Enrolling in identity recovery coverage can help to ease your worries in the event of fraud. There are also steps you can take to proactively reduce your risk.
- Shred personal documents such as credit card statements and other documents containing personal information before tossing them in the trash.
- Do not offer up any personal information by email, phone or suspicious websites
- Check your credit reports, credit card and bank statements often
- Do not write down any computer passwords
The amount of reimbursement you receive and the types of expenses that are covered vary by insurance policy. Please ask your independent insurance agent and review the endorsement to determine what is covered and gain and understanding.
Contact your local Britton and Britton Insurance agent to discuss the unique options we offer and the right home insurance coverages for you.
*Descriptions and definitions are meant to convey general ideas only, are necessarily brief, and are subject to insurance policy provisions and conditions that can only be expressed in the policy itself. In the event of a conflict, the terms and conditions of your policy prevail. This information is provided solely as an insurance risk management tool.
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