What does homeowners insurance and a personal injury claim have to do with each other in Arizona? Insurance in general, and in particular homeowner liability insurance, is something that the majority of people don’t even realize they need until it is too late. If you or a family member (or your pet) injure another individual or damage that person’s property, you could be facing the serious expenses associated with a lawsuit.  Having the right insurance can help you when an unforeseen event occurs.

What Does Homeowner Liability Insurance Cover?

Your homeowner liability insurance provides money to settle claims against you and money for your legal defense.  Because the amount of funds available to cover claims against you is limited by your policy limit, it is essential to ensure that you are adequately protected by the right amount of homeowner liability insurance.

Basics of Homeowners’ Insurance

Owners of private homes are indemnified against damage, loss or liability to their homes as a result of an accident or other unknown event. There are two primary elements of homeowners’ liability insurance:

  •    First party coverage. This protects against personal loss or damages that an insured individual sustains like loss of the home or contents due to fire or theft.
  •    Third party coverage protects property owners against claims arising from property damage and bodily injury associated with the insurer’s acts. One such example is a slip and fall accident. Homeowner liability insurance policies that also protect against premises liability lawsuits are a kind of third party coverage.

Coverage Included Under Homeowner Liability Insurance

Third party coverage for the following claims are typically covered under your homeowner liability insurance policy:

  •    Personal liability insurance for bodily injury or property damage.
  •    Medical payments to others
  •    Residential employees’ insurance for nannies, adult caregivers, maids and other employees

If you have been injured on someone else’s property, you may have grounds for a premises liability or personal injury claim. If you have been injured on someone else’s property as a result of negligence the property manager or owner should have been aware of, you need to consult with an experienced Arizona personal injury attorney as soon as possible.

This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you or someone you know wishes to seek the help of an experienced personal injury attorney regarding Homeowners Insurance and a Personal Injury Claim,  or other personal injury matters, call 480.461.5300. Udall Shumway PLC is located in Mesa, Arizona and is a full service law firm. We assist Individuals, families, businesses, schools and municipalities in Mesa and the Phoenix/East Valley.