How premise liability insurance works

Contrary to popular belief, you do not always have to file a lawsuit against your friend or a small business owner if you get hurt on their property. Some people prefer to keep their injuries to themselves because they do not feel comfortable demanding compensation. If you are wounded, you can make an insurance claim instead, and the insurer will reimburse the costs rather than the owner.

What is premises liability insurance coverage?

Property owners may avoid paying out of pocket by purchasing premises liability insurance. If the owner is found negligent, the policy can help cover the compensation costs for injuries, damages, or deaths on the property.

It is important to remember that property owners are only responsible for preventable accidents. Property owners have a duty of care to repair and eliminate any hazards on their property to keep it reasonably safe and secure.

The following are some safety issues that, if property owners do not address, can result in injuries:

• Slippery sidewalks
• Broken or uneven stairs
• Faulty wiring
• Malfunctioning elevators
• Inadequate lighting

The policy may cover severe injuries such as bone fractures, animal bites, traumatic brain injuries, and burns.

Indiana’s shared fault law

Indiana has a modified comparative negligence system, which means that if you are found to be 51% or more at fault for the accident, you may be unable to receive compensation from the property owner. It will be crucial to show that your responsibility for the accident is below 51%.

Enduring an injury when it is not your fault can be frustrating. You may have to miss work, seek medical treatment, and participate in a rehabilitation program, all of which can incur expenses. If you have any concerns about pursuing an insurance claim or need to file a lawsuit, you may consult a lawyer.