Other Duties – Damage To Property Of Others Clause Samples
The 'Other Duties – Damage To Property Of Others' clause outlines the responsibilities of a party when their actions cause damage to property owned by third parties. Typically, this clause requires the responsible party to promptly report such incidents, cooperate with any investigations, and take reasonable steps to mitigate further damage. Its core function is to ensure accountability and facilitate the resolution of claims involving third-party property, thereby protecting both the interests of the property owner and the integrity of the contractual relationship.
Other Duties – Damage To Property Of Others. “We” must be given a sworn statement of loss within 60 days after the loss. The damaged property must be shown to “us” if it is within an “insured’s” control.