Protects your business against liability damages arising from physical loss or damage to someone else's property, other than your employees'. It usually includes damages for loss of use of the property.
Similar to bodily injury liability but limited to damage caused by an insured to another person's property, such as an auto, fence, telephone pole. No Terms Listed
Protects car insurance or auto insurance policyholders from financial requirements related to property damage that occurs as a result of a car accident. Property damage insurance premiums help covers the costs of damaged property and also helps pay some legal expenses incurred from lawsuits that result. Property Damage policy clauses usually include a cap or ceiling limit established upon acceptance of the car insurance coverage or auto insurance policy.
Pays for damages to the property of others caused by the policyholder in his or her vehicle.
Property damage liability coverage protects you if you are held responsible for damaging someone else's property in an auto accident. Property damage coverage helps you reimburse another person for their damaged property (such as a car, a fence, or a home). This coverage also helps pay your expenses in a related lawsuit. The amount paid by property damage liability coverage is capped at the limit you select. | Back
Automobile insurance coverage required under Pennsylvania law that provides money to pay claims if your car damages the property of another person.
Property Damage Liability Coverage covers you for accidental property damage you or someone driving your car causes to someone else. This coverage will pay for the repairs to that person's car, or other property, up to the limit of coverage which you have chosen. The cost of your legal defense is also covered.
Pays when you are legally liable for damage to the property of others caused by your auto. This coverage pays for property damage up to the dollar amount you selected plus the cost of any legal expenses.
Pays for the damage to another's property, caused by your auto.
Part of a standard auto insurance policy that covers you (up to the policy limit) for losses that result when you damage or destroy someone else's personal property. This is required coverage in most states.