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Glossary Home | Search Glossary | Submit New Term Water damage legal liability insuranceCoverage for an insured's liability for damage to another's property from leakage or overflow of water. Some liability policies specifically exclude water damage, including that caused by rain or snow. Therefore, a special policy was necessary to cover this exposure. However, most liability policies today have dropped this exclusion, and coverage for water damage liability is part of the regular liability policy. Find a Real Estate Agent to help you to buy or sell a home |
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