Have you ever been in a situation where you had to have a repair person at home and fix something that you own? It does not matter what repairs you should have. In this article, I want you to think about a topic you probably never thought of:
Your eligibility for repairers on your property. Like these examples:
-the woman who cleans your house is electrocuted using your vacuum cleaner.
-The guy cleaning the gutters of your roof falls off the ladder and breaks his leg.
– The dog bites the plumber as he walks towards his truck.
-Your interior designer is injured when he falls on your stairs.
-The electrician gets injured while working on your home.
-The pizza delivery man falls into your garden and fractures a hip.
The list of accidents could be endless!
So, let's not forget about other business people who might come to your property:
-distributor of parcels
All those people who come to your home to do a job are known as "business guests".
Almost no one I talk to ever think of, but I always treat claims like these examples.
So, why should you care about these people? Because they are on your property, and that they hurt themselves, YOU MAY BE RESPONSIBLE!
My recommendation is that you NEVER hire a repairman or a repair company unless they give you a copy of their insurance policy statement sheet before they are sold. they do not start working.
No tickee, no laundry!
People who injure themselves often file laws against the people who they say caused the injury. Injury lawyers who represent injured persons sue anyone and all involved, and attempt to prove negligence.
Do you know whether or not you have liability insurance to protect you against liability claims and lawsuits?
Well, take your homeowners insurance policy, renter or condominium and read it. Usually, liability coverage is found in Section II. You will usually find two covers here, Personal Liability and Medical Payments to Others.
The most important things you should learn from this article are:
1. Trials are expensive and jury awards can reach hundreds of thousands of dollars.
2. The Liability section of your insurance policy guarantees that the insurance company will provide a legal defense for you if you are sued for a liability problem.
3. Call your insurance agent and purchase liability limits as high as you can afford. I recommend $ 500,000 or more.
4. Call your insurance agent and buy an umbrella policy of personal responsibility. Probably costing you around $ 300 a year, but worth every penny. It will provide you with limits of up to $ 1 million.
5. If and when you are sued, and the insurance company provides you with a legal defense, remember that they are defending themselves first. You always need a lawyer to represent you.
Do not be blinded by a lawsuit that could cause your financial ruin !!