Property Damage

Written by  //  June 23, 2011  //  Insurance Glossary: N-S, Insurance Terms  //  Comments Off on Property Damage

Property Damage is the part of your liability coverage that will pay damages to another’s property (up to the limit you purchased) as a result of an accident for which you, or a covered driver on your policy, were found to be legally responsible. The most common types of property damage losses are to other vehicles or objects such as fences, traffic signs, etc.

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