0
It really depends on the context. It could be referring to the property that is insured, or if you are referring to property damage insurance (coverage actually) that is coverage for the damage you cause to the property of others. If you could explain in what context I could be of more assistance possibly.
Wiki User
∙ 16y ago
Add your answer:
Earn +20 pts
What is the definition of Comprehensive Liability Insurance?
Comprehensive Liability Insurance means protection against claims of property damage or personal injury when filming on public property. This is a very accurate definition.
What is the insurance definition for Vandalism and Malicious Mischief?
the intentional and malicious destruction of or damage to the property of another.
What is property and casualty?
Property of course is just that insurance for a particular property, the definition of casualty is ''Insurance coverage for loss orliability arising from a sudden, unexpected event such as an accident" so the term property and casualty insurance is losely used to describe, policys that contain coverage for a specific property and liablity protection. Most people would say, auto, home, boat, motorcycle insurance would be among these.
Can you carry homeowners insurance on company property?
Commercial property cannot be covered by homeowner's insurance. Commercial property insurance must be purchased for that category of property.
What is the Difference of life and property insurance?
Property insurance - If your property is damaged the insurance will pay for this to be repaired. Life insurance - If you die then your estate (or the named beneficiary) gets a payout to the value of the insurance.
I wrecked my friends car they didn't have insurance do i have to pay?
Yes. If you caused damage to somebody's property you are responsible. The definition of insurance is a transfer of risk. If your friend had insurance on the car then the risk would have been transferred from you to the insurance company, but would still make you at fault.
What is property insurance?
Property insurance provides protection against most risks to property, such as fire, theft and some weather damage. This includes specialized forms of insurance such as fire insurance, flood insurance, earthquake insurance, home insurance or boiler insurance.
Who needs rental property insurance?
You will need rental property insurance if your are the owner of a rented property. This insurance, in addition to standard household insurance, covers things such a public liability.
What insurance covers stolen property on a job site?
Commercial property insurance.
What exactly is property insurance?
Property insurance provides protection against most risks to property, such as fire, theft and some weather damage. This includes specialized forms of insurance such as fire insurance, flood insurance, earthquake insurance, home insurance or boiler insurance.
What is the definition of supplemental insurance?
The definition of supplemental insurance is additional or extra insurance that you can get to help pay for out-of-pocket or services that your regular insurance will not pay for.
What has the author Edward W Siver written?
Edward W Siver has written: 'The handbook of commercial property and casualty insurance' -- subject(s): Casualty Insurance, Insurance, Casualty, Insurance, Property, Property Insurance
