CGL coverage sought for damage at hotel meeting. (coverage for damage to property of others, information on faulty-work exclusion)Wolters, Eugene F
Having enough property damage liability insurance is vital to protecting yourself and others in an accident. Key takeaways Property damage liability coverage is the part of your car insurance that pays for the other driver’s property when you are at fault in an accident. Property damage ...
Polygon are the UKs first choice provider of property damage restoration & non-destructive leak detection (trace & access) services. Click for more.
Damage to Property Of Others 1. We will pay, at replacement cost, up to $1,000 per "occurrence" for "property damage" to property of others caused by an "insured". 2. We will not pay for "property damage": a. To the extent of any amount recoverable under Section I; DAMAGE TO T...
Why is this coverage considered so essential? By requiring property damage liability coverage for all drivers, states can cut down on lawsuits between drivers and ensure that anyone whose property is damaged by a vehicle has a way to recover at least part of the cost of repairs. ...
A home builder is not covered under the property damage coverage in its commercial liability policy for construction defects for which it was responsible. A three-judge panel of the Massachusetts Appeals Court has held for the first time that “construction defects, standing alone, do not constitut...
Damage to Property Of Others 1. We will pay, at replacement cost, up to $1,000 per "occurrence" for "property damage" to property of others caused by an "insured". 2. We will not pay for "property damage": a. To the extent of any amount recoverable under Section I; Damage to Eq...
to such events. Commercial property policies may provide coverage for damaged property as well as economic loss due to business interruption. Specialized insurance, such as event cancellation coverage, if purchased, may also provide coverage for losses associated with the cancellation of special...
to the latest updates in the Law on Protection of Consumers' Rights, a "defective product or good" is identified as one which, despite being manufactured according to existing standards or regulations, fails to ensure consumer safety and may cause harm to their lives,...
SHANGHAI (AP) — It was looking like a banner year for business in China. The U.S. clothing company was expecting a 20 percent jump in online sales on Alibaba's Tmall, thanks to the e-commerce giant's massive reach.