Bodily Injury


Definition of "Bodily injury"

Rosa "Rosie" Jacquelin
  Duffy Realty

Physical damage to one's person. The purpose of liability (casualty) insurance is to cover bodily injury to a third party resulting from the negligent or intentional acts and omissions of an insured.


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Ordinance

Law enacted by a local authority applicable to the action of people or things. An example is a fine ...

Endorsement

A statement attached to an insurance policy changing the terms of the policy. A signature on a draf ...

Currency Risk

Situation where the United States dollar rises in value in comparison with other foreign currencies ...

Stevedores Legal Liability Insurance

Liability coverage for dockworkers for damage to property in transit while in their care. ...

Interstate Commerce Commission (icc)

Federal agency that regulates commerce across state lines. The ICC does not oversee insurance, which ...

Compound Sum

Total amount due at maturity consisting of both principal and compound interest. ...

Related Real Estate FAQ

What Is Freddie Mac?

Freddie Mac is a name for the Federal Home Loan Mortgage Corp., which is a financial corporation cha ...

What Is A Quit Claim Deed?

A quit claim deed is a formal document that denies a claim to a certain property. Often used to clea ...

What Is A Seller Takeback?

A seller takeback is a type of financing in which the seller arranges for the financing on a propert ...

What Is A Private Mortgage?

Private mortgage insurance is insurance that protects mortgage lenders against default on loans by p ...

What Is A Maintenance Fee?

A maintenance fee is a charge by condominium associations, co-ops, or other homeowners associations ...

What Is An Origination Fee?

An origination fee is a fee paid to a lender for processing a loan application. ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

What is Earnest Money Mortgage Loan Types Getting Ready to Sell? Don't make these DIY Mistakes! How To Get A Loan with Bad Credit Real Estate Open House - The Dos and Don

FAQ

What is a commitment letter? Should I Consolidate My Debt? How much Life Insurance do I need? What is a closing? What is depreciation?