You might have a “special” spot around your home that is an accident waiting to happen. It could be something as simple as a dip in your driveway that always collects a little patch of water. It seems harmless enough – at least until the temperature drops.
Slips and falls are one of the most common liability claims facing homeowners.
If someone were to slip and fall on your property, they could break a hip, or worse, hit their head and suffer a brain injury. If this happens, you could be financially devastated if a court holds you responsible for causing the injury due to poor maintenance or negligence on your part.
That’s why liability coverage is included with most personal insurance policies, including home, auto, boat, and motorcycle policies. The problem is most policies have a limit or maximum amount they will pay if you are sued. Typically this is $1,000,000.
Are you sure your coverage is adequate?
We are seeing a growing number of lawsuits in the Canadian court systems and much higher claim amounts. Increasing your limits from $1,000,000 to $2,000,000 can be a smart and surprisingly affordable decision. Protect your assets and the financial security of your family by talking to us about liability limits that are right for you.
Remember, when it freezes, always to throw a “Handful of Prevention” – better known as salt, on that icy puddle.