The Hidden Liability Trap Every Business Owner Overlooks—And How to Protect Your Bottom Line Before It’s Too Late
In other words, you have a responsibility to limit the risk. If you fail to take steps to make your facility safe, you could be found in breach of your duty. When your negligence results in injury, you could be held liable, requiring you to financially compensate the injured party.
Cause of Liability Claims
Failing to maintain the premises, such as letting handrails loosen, elevators malfunction, or parking lots degrade, can lead to liability if someone is hurt as a result.
One of the simplest ways to fall victim to a liability claim is to overlook potential hazards. For example, neglected parking areas are common. Potholes, cracks, and chunks of loose asphalt or concrete can cause trips and falls while also doing significant damage to automobiles.
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