We’re back once again with Paul Stokes of American Family Insurance to talk a little more about homeowners insurance. Previously, we mentioned the liability coverage that’s included in a homeowners insurance policy, so I wanted him to explain it further today.

Personal liability coverage comes with all homeowners insurance policies, but it’s overlooked by a lot of agents. They don’t really have a conversation with their clients about how much coverage they should have. Paul and his team advise his clients to have 5x their household income or net worth in liability coverage, whichever number is bigger. 

What this insurance is protecting against in the worst-case scenario is someone getting injured on your property and holding you liable. We want to protect your income and assets if something like that would happen. 

If you have any questions about liability coverage, don’t hesitate to reach out to Paul at (608) 274-9702. If you have any other questions for me, feel free to give me a call or send me an email anytime. I look forward to hearing from you.