Individuals pursue lawsuit loans, relying on a variety of causes out of which some harm arises. The general liability claim, the most common variety, occur when an individual harms, in whatever manner, another individual, and neither individual is in the course and scope of a commercial enterprise at the time the harm occurs.
It is the furtherance of a commercial interest (e.g., Business X) out of which a commercial litigation claim arises. An example of this would be a Dominoe's Pizza courier who, while in the course of a delivery for Dominoe's, collides with another vehicle.
The individual with whom the Dominoe's courier collides may, if appropriate, pursue a claim against both Dominoe's and the courier. The claim against Dominoe's would be a commercial litigation claim by a third-party. The claim against the Dominoe's courier would be a general liability claim by a third-party.
The reference to the third-party simply clarifies that the insurance carrier against which the claim is filed represents the party causing the harm, not the party suffering the harm.
Your attorney and lawsuit loan lender will quickly give you their attention. What makes the difference? The general liability policy limits are often $30,000.00 - $50,000.00 (in many cases, much lower), as opposed to the commercial liability policy limits that are often hundreds of thousands, if not millions, of dollars.
Pressures placed on drivers for speedy deliveries, etc. account for the disparity in policy limits. What is not in dispute is the fact that commercial liability claims often obtain much higher awards than do general liability claims. There are also significant differences in the availability of care and attention provided to commercial litigation claimants, when compared to general litigation claimants.
You should always anticipate the need for an attorney in such a case. There is no doubt that the insurance carrier will retain the services of a law firm to which it very likely pays millions of dollars annually to fight such claims. - 29969
It is the furtherance of a commercial interest (e.g., Business X) out of which a commercial litigation claim arises. An example of this would be a Dominoe's Pizza courier who, while in the course of a delivery for Dominoe's, collides with another vehicle.
The individual with whom the Dominoe's courier collides may, if appropriate, pursue a claim against both Dominoe's and the courier. The claim against Dominoe's would be a commercial litigation claim by a third-party. The claim against the Dominoe's courier would be a general liability claim by a third-party.
The reference to the third-party simply clarifies that the insurance carrier against which the claim is filed represents the party causing the harm, not the party suffering the harm.
Your attorney and lawsuit loan lender will quickly give you their attention. What makes the difference? The general liability policy limits are often $30,000.00 - $50,000.00 (in many cases, much lower), as opposed to the commercial liability policy limits that are often hundreds of thousands, if not millions, of dollars.
Pressures placed on drivers for speedy deliveries, etc. account for the disparity in policy limits. What is not in dispute is the fact that commercial liability claims often obtain much higher awards than do general liability claims. There are also significant differences in the availability of care and attention provided to commercial litigation claimants, when compared to general litigation claimants.
You should always anticipate the need for an attorney in such a case. There is no doubt that the insurance carrier will retain the services of a law firm to which it very likely pays millions of dollars annually to fight such claims. - 29969
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