Owning or renting property comes with more responsibilities than many realize, especially when it comes to legal liability. One of the most important yet often misunderstood protections is premises liability coverage. This type of insurance can shield you from significant financial risk if someone is injured on your property.
At Hillstone Law, we help victims of premises liability accidents understand their rights and fight for the compensation they deserve when property owners fail to maintain safe conditions.
What Is Premises Liability Coverage?
Premises liability coverage is an insurance policy designed to protect property owners and renters if someone suffers an injury on their property. This coverage typically helps pay for:
- Medical expenses of the injured party
- Legal fees if a lawsuit is filed
- Settlements or judgments for pain and suffering, lost wages, or other damages
Simply put, it acts as a safety net in situations where an accident occurs despite your best efforts to keep your property safe.
Why Is Premises Liability Coverage Important?
Accidents can happen anywhere even when you take every precaution. Without coverage, you could be held personally responsible for costly medical bills and other damages.
Example: You invite friends over for a backyard barbecue. One guest trips over a loose patio stone and breaks their ankle. Without premises liability coverage, you may have to cover their medical costs, lost income during recovery, and compensation for pain and suffering.
Coverage for Business Owners
If you own a business, the importance of premises liability coverage increases significantly. Customers, employees, and vendors move in and out of your property daily, increasing the risk of accidents.
Example: A customer slips on a wet floor in your grocery store and injures their back. Even if warning signs were posted, the customer may still pursue legal action. In this situation, premises liability coverage helps with legal defense costs and any potential settlement.
Protection for Renters
Many renters mistakenly believe their landlord’s insurance covers them if a guest gets injured inside their apartment. In reality, renters are often financially responsible in these cases.
Example: A guest trips over an area rug in your rental unit, breaks their wrist, and sues you for medical expenses and lost wages. Without liability coverage, you could face thousands in out-of-pocket costs.
Legal Protection With Hillstone Law
Whether you’re a homeowner, business owner, or renter, premises liability coverage is essential for protecting yourself against unexpected accidents. However, when coverage isn’t enough or when insurers refuse to pay what you’re entitled to that’s where we step in.
At Hillstone Law, our skilled premises liability attorneys fight to ensure victims of unsafe premises are fully compensated. If you’ve been injured due to a property owner’s negligence, contact us today for a free consultation.
