To minimize property risk from unforeseen threats, continuous risk monitoring and property risk assessments are important. If one of my friends gets injured in the home that I own, the type of insurance that would cover their injuries will be a liability insurance.
Continuous risk monitoring will help in identifying the potential hazards in a property and the risk assessments will produce a report of all the identified safety risks and accordingly proper action plans can be formulated to deal with them.
A liability insurance covers the medical expenses of an individual who is injured at your house. It also covers the accidental property damage caused to the other person at your premises.
To learn more about liability insurance
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