Easement

What Does Easement Mean?

An easement is a legal right of passage or use that one party has over a specific portion of another party’s land or property.

This concept is important for insurers, as the party holding the easement rights is often the one responsible for the property’s liability and, consequently, carries the liability insurance.

Insuranceopedia Explains Easement

Many individuals with easements are neighbors of the property owner and use the property for logistical purposes. For instance, a person may need to cross their neighbor’s property to access their own. In such cases, they may be granted an easement, which legally entitles them to traverse their neighbor’s land.

Liability for the property depends on the specific easement and its terms.