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What is vicarious liability?

liability vicarious
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What is vicarious liability?

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Vicarious Liability coverage provides defense for a company that is named in a suit as a result of an action that is attributable to the Named Insured member.

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Vicarious Liability coverage provides defense for a company that is named in a suit as a result of an action that is attributable to the Named Insured agent.

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Vicarious liability is liability for damages that is imposed on one person for the actions of another person who actually caused the damage. Liability is imputed this way usually because of some legal relationship between the two. Relations can be employer-employee or principal-agent and the like.

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