In many industries, the government has placed liability caps that limit how much companies must contribute to remediation when there's an accident. (canadianbusiness.com)
Liability caps put the parties on a direct collision course, there is no easy or elegant alternative solution which can satisfy both parties. (newlawjournal.co.uk)
Property damage liability can take care of this situation by paying for necessary repairs or part replacements — up to your policy's property damage liability cap. (homeinsurance.com)