Why do Georgia apartment owners carry liability coverage?

Quick answer: An injury on the property, such as a fall on a broken stairway or an incident in a parking lot, can lead to a liability claim against the owner. The general-liability portion of a habitational policy pays for defense costs and covered damages up to the policy limit. Because these claims can be large, many owners also add a commercial umbrella policy over the habitational liability limit. A coverage review can show how the limits fit together.