Recommended Coverage For Homeowners Insurance. Most homeowners insurance policies have at least $100,000 in liability coverage. Personal liability coverage is designed to protect your assets if you are sued due to bodily injuries or damage to property for which you are liable.
Homeowners insurance offers financial protection when rebuilding or repairing your home under covered causes. Typically, standard homeowners policies set liability coverage limits at $300,000 to $500,000, but some set as low as $100,000. According to the iii, most homeowners insurance policies typically cover your belongings at a rate of about 50% to 70% of what your home is insured for.