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.