Property Damage Liability Insurance
Definition of "Property damage liability insurance"
An insurance policy that promises to pay all the legal obligations of the insured due to negligence in which damage to the property has been caused.
Popular Real Estate Terms
Statement made verbally. It is better legally to have a written statement because verbal ones without witnesses may be denied. ...
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Giving of a promise or guarantee to the receiver to instill confidence. ...
Recurring obligation or assurance given. ...
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