Liability (Property Damage, Bodily Injury, Home, General, Product, Strict)

Liability (Property Damage, Bodily Injury, Home, General, Product, Strict) (Glossary Word)

Rough synonyms for liability would be fault or responsibility. This coverage pays for bodily injury or property damage for which a policyholder is responsible. In an insurance context, liability is determined by negligence and concepts such as 'strict liability' and 'contractual liability'.


Other users also searched for some of the following glossary words and FAQs.




Barnett Agency
4704 State Highway 30
P.O.B. 646

Amsterdam, New York 12010
Phone: (518) 842-3870



Powered By: Confluency Solutions


 
Close