What are the typical limits of liability coverage in a homeowners policy?

The typical limits of liability coverage in a homeowners policy usually range from $100,000 to $500,000. This range is designed to provide adequate financial protection for homeowners in case they are found legally liable for injuries to another person or damage to someone else's property.

Higher limits, such as $500,000, may be chosen by policyholders who anticipate greater risks or who want to ensure comprehensive coverage. On the other hand, limits below this range, such as those mentioned in other options, may not offer sufficient financial protection, particularly given the rising costs of medical expenses and potential legal fees associated with liability claims. There are some policies that may offer lower coverage options, but those are typically not standard limits for homeowners insurance, making the provided range the most appropriate for understanding expected liability coverage.