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Property Damage Liability Insurance

 
Business Dictionary: Property Damage Liability Insurance

Coverage in the event that the negligent acts or omissions of an insured result in damage or destruction to another's property.

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Insurance Dictionary: Property Damage Liability Insurance
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Coverage in the event that the negligent acts or omissions of an insured result in damage or destruction to another's property. Coverage can be purchased with Bodily Injury liability under various insurance policies. See also Business Auto Coverage Form; Business Property and Liability Insurance Package; Homeowners Insurance Policy; Personal Automobile Policy (PAP).

 
 

 

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Business Dictionary. Dictionary of Business Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved.  Read more
Insurance Dictionary. Dictionary of Insurance Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved.  Read more