Fri 30 Oct 2009
Halloween can be a fun time, but it can also be a costly one for insurers according to a report from across the Pond. A U.K. insurer quoted in an article by the London Guardian newspaper says that home insurance claims are expected to rise by 270 percent on Halloween. Another U.K. insurer claims that 3.6 million homeowners will face damage to their properties as some revelers go too far in their pranks. This side of the Atlantic Halloween brings with it increased concerns about drunk driving and liability risks, I.I.I. finds. Social host liability laws exist in many states so anyone hosting a Halloween party should take steps to limit their liquor liability and make sure they have the proper insurance. I.I.I. vice president Loretta Worters notes that depending on the jurisdiction, violations of social host laws can lead to civil or criminal fines, imprisonment and monetary damages awards. […]
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