google bot detected Occurrence | Insurance Glossary | Realestateagent.com

Occurrence


Definition of "Occurrence"

Delinda  Crampton
  BHHS Properties Nevada Properties

Event that results in bodily injury and/or property damage to a third party. A clause that is common to most liability insurance policies stipulates that all bodily injuries and/or property damages resulting from the same general conditions are interpreted as resulting from one occurrence and thus subject to the policy limits per occurrence.



Related Real Estate Glossary terms

Related Real Estate FAQ