Legal Liability
We get lots of questions about legal liability coverage as a part of the home and contents insurance cover which Real Insurance offers. We hope this information helps answer some of your questions!
We will cover you for legal liability to pay compensation as a result of an accident caused by your negligence, which occurs during the period of insurance, and causes death, bodily injury or loss or damage to others’ property.
If your home is insured:
We will cover you for legal liability which arises from your occupancy and ownership of your home and its land or occurs within the home or the site on which it stands.
If your contents are insured:
We will cover you for your legal liability which occurs within Australia. Liability cover under your contents insurance does not extend to liability arising out of your ownership or occupancy of any residence, land or home unless you rent or lease your home or your home is a Strata Title property.
How much cover?
The most we will pay for any event(s) arising directly or indirectly from the one original accident, source or cause, is $10 million in total under this and all other policies issued by us, including a separate home and contents insurance policy. This amount includes all legal costs and expenses incurred with our consent or which you have a legal liability to pay. If we agree to pay your claim we will pay the costs of compensation awarded by an Australian court or a settlement agreed to by us and your reasonable legal fees and expenses that we incur on your behalf or that you incur with our written consent. You can only claim for legal fees and expenses if we have agreed to them in writing before you incur them.
What isn’t covered?