Liability Insurance

Imagine this: you're hosting a barbecue and someone trips on a loose brick in your walkway, injuring themselves. Suddenly, you're facing a potential lawsuit and mounting medical bills. This is where liability insurance steps in, acting as a financial fortress against the uncertainties of legal liability. Liability arises from any action or inaction that causes harm to another person or their property. It stems from legal principles enshrined in both Common Law and Statute. Common Law, built on centuries of judicial decisions, dictates acceptable standards of behavior and holds violators accountable for the consequences. Statutes, enacted by law-making bodies, further define these standards and refine our legal landscape.