
10-07-2013, 12:30 PM
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Quote:
Originally Posted by Indydealmaker
I would hope you were wrong also. Otherwise it means that some very foolish businessmen operate in this area. Without such liability coverage to protect them, these businesses cannot even borrow money from a bank to buy new equipment. The only protection from personal financial destruction is their corporation and piercing the corporate shell is pretty straight forward.
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I guess you missed this.
Florida Supreme Court Rules No Vicarious Liability for Businesses that Rent or Lease Vehicles | Rumberger Kirk & Caldwell - Florida Law Firm
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