5 Ways To Protect Your Business From Liability Suits

A responsible business owner should always be aware of the liability laws in their state of operation.  Even more, it should be the top priority to make sure that no harm comes to any patron on the property at any time.

Protecting the public from unnecessary accidents and harm requires going to great lengths to assure safety and visibility at every twist and turn of the property.  It is crucial to understand the different types of liability under the law.  Here are a few of the most effective ways to protect a business from a possibly lengthy and expensive liability suit.

Premises Liability

If a customer or a company employee is injured on the property, it could be very bad for business.  Legally, property owners are responsible for the financial repatriation of any injury that is deemed the fault of the establishment.

In this type of lawsuit, the status of the individual is a vital variable.  For example, there is the status of invitee, licensee, or trespasser.  There would be much less liability to the protection of an individual that is determined to be on the status of trespasser than a person under the status of an invitee.

Product Liability

This term refers to an injury caused by a particular defect in a product a company provides to the public.  Selling a product that is dangerous by default is a breach of product liability.

In this case, it does not necessarily have to injure the consumer.  If the product is unable to be used for its intended purpose, then the business owner could be faced with a liability suit.

Vicarious Liability

Even if the product or company does not do harm to a customer, the company could still be liable if an employee causes a client harm.  The term vicarious liability refers to the transferred responsibility.  The employer is responsible for the negligent act of their employee.  Strict screening and adequate employee supervision is one proactive solution to this liability nightmare.

Negligence Liability

Negligence liability suits typically involve instances where a patron was injured because the business failed to provide the necessary safety precautions.  For example, a customer slips and falls while there is no “wet floor” sign present, or a broken front step causes a patron to twist their ankle.  These are issues that could have been avoided if the business fulfilled its legal responsibility to public safety.

Worker’s Compensation

Customers and the general public are not the only groups of people that a company is liable to provide a safe environment.  Employees are allotted the same right through the eyes of the law.  If an employee is injured on the clock, then the company could be liable for their medical attention.