Personal Liability Concerns/Fears Over "Discretionary" Everyday Activities
We live in a very litigious society, and stories of everyday people getting sued for all sorts of reasons have made me much more concerned and even fearful of personal liability from everyday activities in recent years.
For example, I now refuse to loan any power tools to my neighbor. I stopped letting my riding buddies borrow my mountain bikes. I used to volunteer as instructor at a local martial arts school, but I stopped doing that before Covid. I was asked to lead informal weekend rides on local trails for a local community group, but I declined, citing concerns about liability.
DW laughs at me and thinks that I'm overreacting. We have a large umbrella insurance policy so that's not an issue. None of our neighbors know our financial situation so we definitely don't have a target on our back. But I just don't even want to give anyone any reason to come after me legally.
Do any FI/RE folks share similar concerns/fears?
Edit---just want to clarify that my concerns are around "discretionary activities" where liability risks can be eliminated without impact to quality of life. I understand that everyday activities like driving, having contractors over, etc., carry unavoidable risks and with proper due diligence/insurance, I don't worry about them.
We live in a very litigious society, and stories of everyday people getting sued for all sorts of reasons have made me much more concerned and even fearful of personal liability from everyday activities in recent years.
For example, I now refuse to loan any power tools to my neighbor. I stopped letting my riding buddies borrow my mountain bikes. I used to volunteer as instructor at a local martial arts school, but I stopped doing that before Covid. I was asked to lead informal weekend rides on local trails for a local community group, but I declined, citing concerns about liability.
DW laughs at me and thinks that I'm overreacting. We have a large umbrella insurance policy so that's not an issue. None of our neighbors know our financial situation so we definitely don't have a target on our back. But I just don't even want to give anyone any reason to come after me legally.
Do any FI/RE folks share similar concerns/fears?
Edit---just want to clarify that my concerns are around "discretionary activities" where liability risks can be eliminated without impact to quality of life. I understand that everyday activities like driving, having contractors over, etc., carry unavoidable risks and with proper due diligence/insurance, I don't worry about them.
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