What does Vicarious Liability mean? Read on to discover the definition & meaning of the term Vicarious Liability - to help you better understand the language used in insurance policies.
Vicarious liability is legal principle that states that a party can be held liable for the negligent actions of another party with whom they have a special relationship, such as parent and child, employer and employee, and vehicle owner and driver. In the context of insurance, employers or other parties at risk of vicarious liability may need additional insurance protection to cover the consequences of the other party's negligent behavior.
We hope the you have a better understanding of the meaning of Vicarious Liability.