Contingent Transit Insurance


Definition of "Contingent transit insurance"

Dennis Ciesil real estate agent
Dennis Ciesil Baird & Warner Real Estate

Coverage if an insured can not collect on property damage or destruction losses from the hired transporter. For example, a truck transporting furniture of the insured is involved in an accident and the furniture is damaged. The truck owner refuses to compensate the insured for damages; the recourse of the insured is to collect from the insurance company.

Have a question or comment?
We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 
 

 

Popular Insurance Terms

Popular Insurance Questions