Understanding the Core Facts of a Premises Liability Claim

Premises Liability Claim

Whether you own business or personal property, it’s important to understand the legal implications of a premises liability claim. If you’re like most property owners, you might not have heard about premises liability. However, it can have critical financial and legal ramifications, so it’s essential to grasp the core facts.

Several Different Property Incidents Are Classified Under Premises Liability

The umbrella of premises liability covers several different types of incidents that can occur on a property and that result in some type of injury. These incidents may include, but are not strictly limited to:

  • Fire
  • Animal attacks
  • Falls due to slippery or icy conditions
  • Flooding
  • Chemical leaks

The Concept of Premises Liability Is Closely Linked to Negligence

Because premises liability refers to cases where someone gets hurt on your property because you didn’t maintain it well enough to ensure adequate safety, it’s closely linked to the concept of negligence. This means that a claim can hold that you did not take reasonable precautions and care for your property.

In the event of a premises liability claim, it’s important to understand the facts and be prepared with the right insurance policy. As a property owner, you may want to consider looking into premises liability insurance in case an injury occurs on your property.