Property Damage Coverage definition

Property Damage Coverage means the coverage provided pursuant to paragraph I.A.3.
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Property Damage Coverage. Subject to terms and conditions of the policy: physical damage, including extra expense, caused by a covered peril for all real and personal property while such property is located anywhere within the United States, including while in due course of transit which is owned, used, or intended for use by the Insured, or acquired by the Insured, and property of others in the Insured’s care, custody or control, including the Insured’s liability for such property and including the costs to defend any allegations of liability of loss or damage to such property.
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Property Damage Coverage means insurance coverage to cover property damage to a third party resulting from negligent acts and omissions of the insured.
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Examples of Property Damage Coverage in a sentence

  • The Construction Manager's Liability Policy shall include Broad Form Property Damage Coverage, Products and Completed Operations Coverages.

  • Employees are required to maintain a minimum of Public Liability and Property Damage Coverage.

  • Commercial General Liability Insurance, including Bodily Injury, Property Damage, Personal Injury, Blanket Contractual and Broad Form Property Damage Coverage including Products and Completed Operations, and XCU exposure with combined single limits of not less than $1,000,000 per occurrence, $2,000,000 aggregate.

  • Property Damage Coverage applies due to the liability of the owner or operator of the uninsured motor vehicle.

  • Employees are required to maintain a minimum of $1,000,000 Public Liability and Property Damage Coverage.

  • If there is other Uninsured/Underinsured Motorist Property Damage Coverage, or similar insurance, that applies and is available under one or more policies, we will pay only our share of the damages or loss.

  • If there is a covered property loss, we will pay the actual cash value at the time of loss for the applicable property, but in no event will we pay more than the amount of coverage shown as the limit under Part D: Property Damage Coverage on the Declarations Page.

  • Insuring Agreement – Bodily Injury and Property Damage Coverage SAMPLE POLICY We will pay damages for bodily injury or property damage that any insured person is legally liable to pay as a result of an accident to which this coverage applies.

  • Completed Operations Coverages - Contractor's Liability Policy shall include Broad Form Property Damage Coverage, Products and Completed Operations Coverages.

  • Insuring Agreement – Bodily Injury and Property Damage Coverage We will pay damages for bodily injury or property damage that any insured person is legally liable to pay as a result of an accident to which this coverage applies.

Related to Property Damage Coverage

  • Property damage means physical injury to, destruction of or loss of use of tangible property.

  • Severe property damage means substantial physical damage to property, damage to the treatment facilities which would cause them to become inoperable, or substantial and permanent loss of natural resources which can reasonably be expected to occur in the absence of a bypass. Severe property damage does not mean economic loss caused by delays in production.

  • Accidental Bodily Injury means an Injury sustained as the result of an Accident and independently of all other causes by an outside traumatic event or due to exposure to the elements.

  • Bodily injury means bodily injury, sickness or disease sustained by a person, including death resulting from any of these at any time.

  • Claims-made coverage means an insurance contract or provision limiting