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It's everyone's worst nightmare. You're hosting a family barbecue and one of your guests, your invited friends, trips over a loose paver on your patio. The trip results in a broken leg and a pile of medical bills--all for which you, as the homeowner, are responsible. Without homeowners liability insurance, you could be looking at the loss of your emergency savings or, worse yet, your retirement savings. But when you have homeowners liability insurance, you can make a claim against your insurance policy and save your bank account from total destruction.
Liability insurance does more than just protect you against someone being injured on your property. It also covers you against claims that the property itself causes damage to another. You might be wondering how your property could possibly cause damage, but think about your trees. What if one of your trees falls on your neighbor's car? The claim would be covered by your homeowners liability insurance.
So remember this as you compare homeowners insurance policies. Save yourself time, money, and relationships by investing in homeowners liability insurance.