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January 2017

Liability insurance: a low-cost option for peace of mind

One of the most important parts of an insurance policy is Section II, Coverage E Liability. A large liability claim can be costly, and if there is not adequate coverage in the policy, it can be financially devastating to a homeowner.

That’s why it’s important to increase your clients’ liability limits. One of the biggest concerns a client typically has is the cost of any increased limits, but liability is one of the least expensive coverages to increase. For most people it’s affordable to increase the liability on a Phenix Mutual Homeowners policy for a standard one-family residence, and the peace of mind is worth it.

For a small additional cost up front, your policyholder will be thankful for their increased peace of mind and protection against all of life’s unknowns.