Comparative Negligence
Plain English Definition: A legal principle assigning fault proportionally among parties involved in an accident.
What Comparative Negligence really means for someone with an insurance policy
It determines claim payouts based on each party’s degree of fault, affecting settlement amounts after accidents.
Comparative Negligence Real World Examples
- In a car accident where both drivers share fault, each party’s compensation is reduced accordingly.
- Slip-and-fall claims may involve shared responsibility between the property owner and the injured party.
- A pedestrian injured while jaywalking may have reduced compensation due to partial fault.