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Premise Liability Insurance

Premises Liability Insurance protects your from liability associated with the property you own. The liability can be from injuries or damage to property belonging to someone else which occurred on the property you own. This coverage is usually included on other property policies such as homeowner’s and renter’s, but it is not included on policies such as builder risk, renovation, dwelling or vacant dwelling policies.

Premises Liability pays for the cost of defending you in a lawsuit brought against you and will cover any damages awarded to another person up to the policy limit. Example: The tenant of the rental property you own has a quest over who falls injuring their leg and they subsequently sue you for their injuries. Premises Liability Insurance provides you coverage in these types of incidents.

Insurance claim concept