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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Tradelite who wrote (48966)2/22/2006 9:05:15 PM
From: Elroy JetsonRead Replies (2) of 306849
 
I'd guess the chance that you will be sued for more than $30,000 . . . far exceeds the risk that Chevron will be sued for more than $500 million.

Ask yourself if you have workers on your property? The plumber, a house-keeper, roofers, gardeners? If they injure themselves on your property, you are very likely to be sued for "your share of the negligence." The ice or snow on your walk, the soft area of earth in your yard which caused them to stumble. Or you accidentally run into another car and cripple soemone for life. You are running risks beyond your wildest imagination.

You think you can easily afford the $200,000+ it will cost you to defend yourself against a lawsuit of this type, plus the judgement awarded?

Frankly I think you're very foolish.

But that doesn't come as much of a surprise, does it?
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