What Is Third-Party Liability?

| Mar 21, 2019 | Car Accidents, Personal Injury |

When someone negligently causes damage to another person or their property,
they could file a third-party liability. Here’s what happens when
the person is held liable.

You are aware of what to do if someone recklessly damages you or your property.
There may be a time, however, when you may be the reckless one. Third-party
liability is when one person is held legally responsible for any harm
caused to another person or their property.

The third party is the victim, and the person that acted negligently is
the liability. There are many cases where this can apply, such as auto
or work-related accidents. Third-party liability can deeply impact drivers
and those who are injured.

How Third-Party Liability Impacts Drivers

In a case like this, here are the entities present:

  • The first party is the insured.

  • As for the second, that is your insurance company.

  • The third and final party is the one holding the person liable.

This type of insurance is beneficial because mistakes like this happen
every day. Not everyone has the money to pay for these accidents. With
the help of an attorney, the victim gets compensated and you don’t
have to file for bankruptcy as a result.

How Third-Party Liability Affects the Injured

In the workplace, third-parties can also refer to those not employed by
your employer. This can apply to maintenance companies, truck companies,
or contract employees. An attorney would be able to assist you in tracking
down that third party and hold them liable. ‘

There is a difference between worker’s compensation and third-party
liability, however. Each state’s laws vary on whether or not you can
claim both. Ask an attorney about the details of the laws in your state.

Examples of Personal Injury Third-Party Liability

For a better understanding of how third-party liability works, here are
a couple of scenarios. If someone spills a drink in a store, then both
they and the store can be held liable if someone slips. The third party
would be the person who spilled the drink and did nothing about it.

As for work-related accidents, you could be on the way to a client’s
house to re-tile their roof. You aren’t the one driving, but the one
who does get into an accident while you’re in a passenger seat. If
you get injured, then you could hold both the employer and the driver
accountable.

Third-party liability might be confusing to implement. Whether the third
party is holding you liable or you are holding a third party liable, there
are intricate details you may miss that could be detrimental in the long
run. This is why you should look to a professional for help.

The attorneys at
The Law Offices of Tyler and Peery can make sure you know all the details needed in regards to your third-party
liability case. You can ask us questions regarding your case, and we will
give you the answers you need. If you sustained an injury from a third
party, then contact us today so we could assist you promptly.

Contact our firm at 210-340-0900 for a no-fee consultation.