It is the start of the Holiday season, where many relatives get together. Thanksgiving’s gathering may have been a bit smaller this year. When it comes to Christmas, the entire family, including extended relatives, come together to celebrate.
With so many people coming and going, children playing, and constant action, you may be at a higher liability when it comes to home accidents and other potential treats. Luckily, our resident expert, Whit Harris, has some quick and easy information which describes the differences between general liability, personal, and professional liability.
While a homeowner’s policy will come with liability coverage, this quick breakdown of what each coverage is, and includes, is great information to have when you are inviting many guests over at once. Since many people may be working from home, professional liability may be more important this year than previous years as well. Each carries their own liability and we will help to explain everything clearly and easily.
No one wants or expects an accident in or around their home but having the right coverage and knowledge of your policy is crucial if anything out of the ordinary were to happen, even during the holiday season.
Here is a quick recap of some terms and their definitions that appeared in our video:
- General Liability Insurance: Insurance protecting businesses from most liability exposures other than automobile and professional liability.
- Personal Liability Insurance – Insurance that protects you and your family from lawsuits relating to libel and slander.
- Property Insurance: First-party insurance for real and personal property against physical loss or damage.
- Personal Injury: A General Liability coverage for insurable offenses that cause harm, other than bodily injury, such as false arrest, detention or imprisonment, malicious prosecution, wrongful eviction, slander, libel and invasion of privacy.
- Professional Liability: Coverage designed to protect professionals such as physicians and real estate brokers, against liability incurred as a result of errors and omissions in performing professional services.
- Property Damage: In the general liability policy, a physical injury to property, resulting in the loss of use.
- Please visit our glossary of terms for more information about all insurance lingo!
We hope your busy household does not have any accidents now, or during the rest of the holiday season. If anything were to happen, you can always call an agent, who can provide peace of mind during a stressful time.
If you have additional questions regarding the holiday season and your insurance policies, call us 850.244.2111 to speak to your agent. You can also email us at service@harrisinsurance.com.
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LEGAL DISCLAIMER
Views expressed here do not constitute legal advice. The information contained herein is for general guidance of matter only and not for the purpose of providing legal advice. Discussion of insurance policy language is descriptive only. Every policy has different policy language. Coverage afforded under any insurance policy issued is subject to individual policy terms and conditions. Please refer to your policy for the actual language.
