ab) maintain public liability and property damage insurance in respect of the use, operation and possession of the Equipment and the ownership thereof by Lessor with insurers satisfactory to Lessor in such form and with such limits of liability as Lessor may from time to time reasonably require....
For consumers, vehicle damage insurance and liability insurance are completely differ- ent regarding the objects they cover. However, there is little research associated with the purchasing relationship between these two types of insurance. Thus, this paper examines th...
liability insurance immunity minor manufacturer’s liability absolute liability See all related content The difference between good debt and bad debtLearn about good debt and bad debt. See all videos for this article liability, inlaw, a broad term including almost every type of duty,obligation,debt...
Commercial general liability (CGL) insurance is a type of policy that provides coverage to a business for bodily injury, personal injury, and property damage arising from the business’s operations, products, or injuries that occur on the business’s premises.1 Commercial general liability insurance...
Automobile, General Liability and Property Damage: The Contractor shall maintain the following minimum amounts of automobile, general liability, and property damage insurance coverage during the life of the contract: $1,000,000 for bodily injury or death to any one person and $3,000,000 per occ...
Personal liability insurance for renters operates similarly to that for homeowners in terms of what it does and does not cover. If someone is hurt while visiting your residence or you cause unintentional damage to their property, your personal liability coverage will protect your assets. In addition...
What does property damage liability insurance cover? Property damage liability insurance covers damage you cause to another person’s property in an at-fault accident, up to the limits of your policy. This includes damage to: Cars and other vehicles: If you hit someone’s car, your property ...
Auto insurance:Nonprofits may buy auto insurance if their boards or employees use autos for nonprofit business. Nonprofits may purchase liability coverage to cover others and physical damage coverage for autos. Nonprofits may also consider non-owned auto insurance coverage for volunteers who use their ...
Having homeowners insurance to protect your property against physical damage is essential, but it also provides reimbursement for covered lawsuits. The liability insurance included in a homeowners policy can help you get the reimbursement you desperately need if you get sued by a third party. But ...