Definition of «property damage»

Property damage refers to any physical harm or destruction caused to someone else's property. This can include, but is not limited to, damages to buildings, vehicles, equipment, and other tangible items. The term also encompasses losses such as loss of use, loss of income, and loss of enjoyment resulting from the damage to property. In legal terms, property damage refers to a type of tort that involves causing harm or injury to another person's property through negligence, carelessness, or intentional acts. The owner of the damaged property may seek compensation for the losses they have suffered due to the damage caused by another party.

Sentences with «property damage»

  • You may also find it necessary to include coverage for property damage liability in your auto owners insurance. (autoquotenow.com)
  • The required minimum for property damage liability coverage is now $ 25,000. (ohattorneys.com)
  • The issue of property damage coverage for an auto policy can be confusing to some drivers. (autos.com)
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