Modern attorneys will
look for evidence of individual liability and negligence at every possible turn in an effort to maximize the awarded judgment for their client.
Equipment Rental Liability
Renting recreation equipment or construction and home improvement tools is a common practice in the United States that drives a multi-million dollar industry. Rental is often a more practical alternative to owning and maintaining tools and toys. However, renting tools and equipment comes with several inherent legal risks. Common legal concerns include:
1. Injury to others while using the rented equipment
2. Damage to the rented equipment
3. Damage to someone’s property caused by rented equipment
When such concerns occur, it is common for injured parties to seek legal judgment, not only against the renter, but also the business and/or individual that provided the rental. Modern attorneys will look for evidences of individual liability and negligence at every possible turn, in an effort to maximize the awarded judgment for their client.
So, whether you rent recreation equipment or construction tools, or provide rental of such equipment, an XINSURANCE policy should be a serious consideration.
XINSURANCE is designed to cover your personal assets in the event of a catastrophic legal judgment, and to protect you in the event of a frivolous legal claim. Policies are structured to cover the gaps and exclusions that might exist in your existing insurance policies, and to cover you in the event your existing coverage is insufficient. And because XINSURANCE acts as supplemental insurance coverage, the premiums are low and affordable…but your peace of mind will never be greater.
Click here to speak with an XINSURANCE representative.