As a business owner in California, you are probably aware of the general liability you have to keep workers and customers safe. It is likely you understand slip and fall accidents and how they could affect you financially. However, this is not the only type of liability you face, and customers and employees are not the only people you have to protect. According to Forbes, your premises liability includes anyone who is on your property, such as vendors, neighbors and even in limited capacity criminals.
If you rent, you may think you do not have to worry about premises liability issues. That is not true, though. Your landlord may be responsible for some things, but many times, the liability will fall on you. You must protect yourself even if you do not own the building in which your business is located.
Accidents can happen at any time. Slippery floors, uneven boards and rolled up rugs are only a fraction of the potential hazards in your business. You also have to worry about hazardous substances, assaults and falling objects. You must inventory your business often for potential hazards and take steps to fix the situations to prevent injuries. The bottom line in most situations is that if you could have prevented the accident from occurring, you will be held liable.
You also should be properly insured. Even one claim could lead to serious financial issues for your business. With insurance, your financial burdens can be lessened. This information is only intended to educate and should not be interpreted as legal advice.