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Collapse and underground damage liability refers to the insurance coverage that protects property owners and contractors from financial losses resulting from the collapse of structures or damage to underground utilities during construction or renovation. This liability typically covers costs associated with repairs, legal claims, and any other expenses arising from such events. It's essential for builders and property owners to have this coverage to mitigate risks associated with unforeseen structural failures or utility disruptions.
What else can I help you with?
What is an xcu exclusion?
THe "XCU" Exclusion is a euphemistic term for an exclusion that once applied to Standard General Liability policies that exlcuded the perisl of Ecplosion, Collapse and Underground Coverage. In the late 80's to early 90's, most standardized General Liability policies no longe excluded this coverage.
What is covered by property damage liability insurance?
Propety Damage covers you if you damage someone elses property. Liability covers you in the event of a lawsuit.
What are two types of car liability insurance?
Bodily injury liability and property damage liability.
What is PLPD?
Public Liability and Property Damage insurance. Bascially liability insurance.
Does liability auto insurance cover your car if you hit a pole?
No. Liability insurance will only cover your liability for property damage/injuries to others. In this case, it would cover the damage to the pole you hit. Your liability coverage will never cover damage to anything you own. You would need collision/comprehensive coverage to cover damage to your car.
What are the synonyms for ruin?
Collapse, damage, injury...
How did the miners in Chile get trapped underground?
The collapse of the mine was supposedly caused by an earthquake.
The two parts of liability coverage are?
The two parts of liability coverage are bodily injury liability and property damage liability. Bodily injury liability covers medical expenses and legal costs if you injure someone in an accident, while property damage liability covers the costs of repairing or replacing another person's property that you damage. Together, these components help protect you financially from the consequences of accidents for which you are found responsible.
What is my liability as a lienholder on a motor vehicle?
The lienholder has no liability for any damage done by the buyers vehicle.
Why does removing a tree cause erosion?
If you remove the roots, the underground are they grew in could collapse.
How are ores near earths surfaces removed?
ores near earth's surface are removed by underground mining as long as they don't cause the mine to collapse as they drill.
Will liability pay for accidents involving deers?
No. Liability pays for damage to other party's property when you are at fault.
