The definition of judgment is the cognitive process of reaching a decision or drawing conclusions.

The insurance answer regarding a judgment, also known as judgement is the result of the formal decision made by a court following a lawsuit. If you have been deemed negligent and must make restitution then you would have to have insurance to answer this ruling.

If someone has been hurt while on your property as a result of something you did or did not do then this person can address this matter in a court. This person would be the plaintiff and you would be the defendant.

The court may provide a remedy for the plaintiff in this civil law matter. This judgment can be a ruling as to the monetary value of damage or injury that your insurance company will pay to the limit of your policy declaration.

The insurance answer in a judgment starts with the insurance policy determining without prejudice if you have coverage and to who is liable. If there is negligence and you do indeed have coverage then the costs for the lawyers presenting your case and the actual payout will be addressed through your policy limits. If you do not have enough insurance then you will be held personally liable for the difference.

The insurance answer is not the only solution. An awareness of risk management with a good safety program will help prevent claims. Not only will this save you money with reduced premium costs but will actually make you more profitable with less down time as a result of accidents or injury.