The property company has purchased public liability insurance.

Also known as "general liability insurance" or "comprehensive liability insurance", it refers to the insurance that the insured or his employees bear legal responsibility for personal injury (illness, disability and death) and property damage or loss caused by accidents to a third party when engaged in insured business activities. This kind of legal liability can be tort liability or contract (contract) liability. Usually, the contractual liability covered by public liability insurance must be specially agreed. In addition, public liability insurance can also cover the third party liability caused by traffic jams, road jams, loss of comfortable environment, illegal intrusion, etc.

Public liability insurance has a wide range of applications, which can not only cover the liability of enterprises and groups in different industries for personal and property losses caused by accidents in their production and business activities, but also cover the liability of families or individuals for personal and property losses caused by accidents in their pure daily lives. The main types of public liability insurance are: place liability insurance, elevator liability insurance, insurer liability insurance and personal liability insurance.

Office buildings, restaurants, factories, shopping malls, public entertainment places, etc. Organs, enterprises, institutions and individuals can pass on this risk by taking out public liability insurance.

Property management has not been developed for a long time in China, and there are still many problems in practice, especially the contradictions and disputes involving rights and interests. Such as: property losses caused by natural disasters, and even casualties; The property of the community owner was stolen, causing personal injury. These risks usually bring huge economic losses to property management enterprises, especially owners. Therefore, it is necessary to strengthen the risk avoidance awareness of property management enterprises and owners, insure risks, and realize risk transfer and loss sharing.

Insurance is an economic compensation system. It sets up an insurance fund to compensate the insured's risk loss by collecting insurance premiums for possible uncertain events, and transfers the risk from the insured to the insurer, with most people sharing the losses of a few people. Property management often involves property insurance, personal insurance and public liability insurance. Some property management companies have purchased public liability insurance, which is very effective and has played a very good role in reducing the responsibility of property management companies.

Public liability insurance, also known as general liability insurance or third party liability insurance, is an insurance that covers the economic compensation liability that the insured should bear according to law due to negligence or accidents when engaged in production and business activities in various fixed places or places. The scope of liability includes the compensation paid by the insured for personal injury or property loss of a third party according to law, as well as litigation and defense expenses. After purchasing this kind of insurance, the insurance company will bear the liability for compensation caused by accidents of third parties in public places of the property.

For example, in the management of Lujiazui property company, public liability insurance is adopted for some communities. Generally, the premium is paid at 7,000 yuan/year, and the maximum compensation amount is 2 million yuan/year. In July, 20001year, the owner of a residential area in Pudong tripped over an iron chain when he entered the residential area at night, which led to the loss of wrist fracture, and the insurance company assumed the compensation amount of 900 yuan. For another example, in April 2002, a tenant in a residential area in Pudong reported that two laptops were stolen from their home. After on-site inspection by the insurance company, the insurance company bears the compensation of 1.6 million yuan. For example, on the Lunar New Year's Eve this year, when firecrackers were set off, the owner of Zhongshan Plaza burned out two air-conditioning outdoor units, 1 washing machine, 1 dryer, on the north balcony of Block 27D. The insurance company paid more than 7000 yuan. Because the upstairs floor was damaged by flooding during the fire fighting, the insurance company also compensated the floor loss and the owner's borrowing cost 16000 yuan. Property management companies are self-financing enterprises, so they should improve their awareness of protecting their own rights and interests, avoid risks reasonably and effectively, and avoid undue losses, so as to obtain the maximum profits.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.