WEDNESDAY, JUNE 4, 2014
Your homeowners insurance pays if your home is damaged by a covered peril, but it also protects you from liability exposures. If someone gets hurt on your property, whether or not it's your fault, your insurance company takes the necessary steps to protect your legal and financial interests.
Your Insurance Company Protects You
When you report an incident to your insurance company, an adjuster will contact you for your account of the incident. She might also inspect and photograph the area of your property where the incident occurred. To complete the investigation she'll talk to witnesses, review relevant medical bills and get the injured person's version.
Your insurance company will analyze liability. If they decide that you are legally liable, they can pay the injured person's medical bills and expenses. They might also negotiate a settlement. If a lawsuit is filed against you, the insurance company may assign an attorney to provide a defense on your behalf.
Be Aware of Your Liability Exposures
Accidental falls are common; in fact, they're responsible for over 8.9 million ER visits in the US per year. They can lead to contusions, abrasions, broken bones, lost wages and expensive medical bills. As an insured person, it's important to fix any issues on your property that may cause a fall or any other injury.
Know That You May Be a Target
Your home and financial assets can make you an easy target for an injured person with bills to pay. A person who stumbles over his own two feet may still need to ease the financial burden caused by injuries. People with no health insurance will have medical bills and other expenses to cover. And there will always be that rare person who sees a fall on your property as a means to financial gain.
Report Any Incident to Your Insurance Carrier
If little Fido takes a nip out the mailman's arm, it doesn't usually matter why he decided to do it. Under most circumstances, you will be legally responsible. Even if it's your dog's first time biting a human, that doesn't minimize liability.
It's a good idea to apologize to the mailman so he will keep delivering the mail; but you should also report the incident to your insurance company. Likewise if a visitor falls on your property or is injured in any other way. Your insurance company can't protect you from liability exposures if you don't let them know that something happened.
Get the protection you need. Call Pro Player Insurance Group at (954) 316-4662 for more information on Fort Lauderdale home insurance.
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