Property damage coverage

An Insurance policy which pays for damage caused to the Property of others, including Car, as a result of a motor vehicle accident. Property damage Coverage is often mandatory.

Related Terms: 10 Coverage, Car, CLU, Cover, Insurance, Insurance policy, Inc., Policy, Property damage coverage, Property

Other Related Pages: Category: Insurance Starting With: P

Additional Related Terms: Allowance for depreciation, Accrual of discount, Amortization of premium, At par, All or any part, At best, At call, Accommodative monetary policy, Adjustable life insurance, All-risks coverage