When it comes to insurance, many home and business owners have the same question: what is third party liability? Premises liability is one of the most common types of third party liability, as this is the legal responsibility that a property owner will have for any injury that will occur on his or her property as a result of a fall or slip accident. If a person is injured due to a hazardous or dangerous condition, the owner of the property may be held fully responsible. Typically, a property owner will be held fully accountable for any fall that may result from water, ice, snow, poor lighting, flooring changes, or hidden hazards.
When a property owner is found to be responsible for an injury, the victim may be eligible to receive financial compensation for his or her chiropractic treatment in Snellville. Additionally, financial compensation may be available for pain and suffering that occurred or to recoup lost wages due to the time an individual needed to take off of work. If the accident results in a person’s death, his or her surviving family members can potentially receive this compensation.
Factors Used When Evaluating Premises Liability
For property owners to be held legally responsible for any injury resulting from a trip, slip, or fall accident in Snellville, one of these statements needs to be true:
• The property owner (either business or individual) should have known about a dangerous condition.
• The property owner (either business or individual) knew about a dangerous condition but did nothing to correct it.
• The property owner (either business or individual) did something in order to cause a dangerous or hazardous condition.
Major Types of Premises Liability
There are several types of premises liability, the most common of which include the following:
- Homeowner Liability
- Landlord and Renter Liability
- Business Owner Liability