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A hold harmless agreement protects business owners from being sued when someone suffers damage, bodily injury, or financial loss on business property or while a service is being provided.

How to Fill Out a Hold Harmless AgreementThe date of the agreement.The name of the person held harmless or protected, with their address.The name of the other party to the agreement, with their address.Details about the activity or event the agreement is about, such as horseback riding or country club membership.More items...

The hold harmless clause may be unilateral or reciprocal. With a unilateral clause, one party to the contract agrees not to hold the other party liable for injuries or damages incurred. With a reciprocal clause, both parties to the contract agree to hold the other harmless.

Overview of Hold Harmless Agreements A hold harmless agreement (HHA) is a contract that prevents one party from being liable to the other if there are injuries or damages. Contracts are either unilateral, meaning the contract protects only one party, or reciprocal, where both parties waive liability against each other.

A hold harmless agreement protects business owners from being sued when someone suffers damage, bodily injury, or financial loss on business property or while a service is being provided.

Details to Include before signing oneSubcontractors typically provide hold harmless agreements to contractors, builders, or other related professionals, insuring against all work being executed by the subcontractor.

An apartment lease may have a hold harmless clause stating that the landlord is not responsible for any damage caused by the tenant. A homeowner hiring a roofer might request a hold harmless clause to protect against a lawsuit if the roofer falls off the roof.