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What else can I help you with?
Who is responsible for premises liability the homeowner or property management company?
property owner
Who would need by law to have premises liability?
A homeowner who has property or buildings by law must have premises liability. This protects them from any type of injury that happens on their property assuming the person was invited on the land, is the licensee or a trespasser. It includes injuries as a result of uneven pavement, wet floors, standing water, or falling objects to name a few.
Is premises an asset or liability?
premises is an asset
Does homeowners insurance cover belonging stolen from your car?
It might. It depends on what was stolen. There are limitations for certain property under homeowner's insurance, and it would be subject to your homeowner's insurance deductible. Most homeowner's policies will provide coverage for up to 10% of the personal property limit in your policy for your property when it is off premises. For example, if your policy indicates you have $50,000 coverage for personal property, you would have $5,000 coverage for personal property off premises, but the other limitations would apply. Under the policies I deal with, business property is limited to $2500 under a homeowner's policy, which means only $250 is covered off premises. The minimum homeowner's deductible is $500, so basically, there is no off premises coverage for business property. There are also limitations for money, jewelry, firearms, electronic devices, etc. You need to talk to your agent for his or her advice.
Homeowners Insurance Policy-Section 2 Personal Liability Coverage?
Can a homeowner get a third party liability insurance covering ONLY visitors who might have an accident while on the premises (not the house itself and its furnishings and belongings) Thank you Elie
What is difference between freehold premises and premises on sale deed?
it is a liability..
Is a premises an asset or liability?
asset
Is premises a asset or liability?
asset
How to Decide if You Need A Premises Liability Lawyer?
Anyone who owns property needs liability insurance to protect against personal injury claims. This also means they should have a premises liability lawyer to make sure that they do have adequate protection against any possible types of claims. Many people neglect to do this, and when they also neglect to properly care for their premises and someone gets injured, a lawsuit will be filed against them for negligence. Laws are different with regard to premises liability in each state, so choosing a local premises liability lawyer is the best action to take if you are a property owner. There are many stipulations within the law, such as whether or not an injured person was on the property legally or not. Conditions that exist upon the property that may endanger visitors are an issue in lawsuits. Whether or not the owner had knowledge of such conditions is another point to argue. If there is proof that the owner knew of an unsafe condition and failed to mark it visibly, or make repairs, they will be held liable for any injuries due to that unsafe condition that was allowed to exist. Some types of injuries that could occur on property include personal bodily injuries, slip and fall injuries, traumatic injury to the brain, bites by dogs or other animals on the premises, and even wrongful death. The duty is placed squarely and fairly upon property owners to maintain safe conditions if visitors will be present. This includes trying to prevent criminal attacks by providing adequate lighting at nighttime. If there is a potential danger, it needs to be clearly marked with cones or warning signs. If the owner neglects to do all these things, they can be held liable for injury damages and costs in a premises liability lawsuit. A premises liability lawyer is an invaluable resource should a lawsuit be filed for neglect of duty and injuries that occur due to this negligence. Even a trespasser may have a legal stand if it can be shown that the property owner knew there could be danger even to trespassers on that property. Consult a premises liability lawyer if you own property. Do the same if you are injured on someone else's property to protect your legal rights to compensation for injuries. An attorney is licensed to practice law. Find a specialist in premises liability and get your consultation booked.
Chemicals used to clean business premises are deductible?
Yes all ordinary and necessary expenses of the business operation would be deductible.
What has the author Joseph A Page written?
Joseph A. Page has written: 'Puerto Rico' 'The Brazilians' 'Brasil' 'Peron' 'The law of premises liability' -- subject(s): Premises liability
What is class code 61224 for general liability?
61224-0-Building and Premises - Premises Occupied by Employees of Insured
