Sentences with phrase «under your liability coverage because»

If your negligence causes a fire and your landlord is an additional insured, they likely won't be able to collect under your liability coverage because they're a party to the policy as additional insured.

Not exact matches

A policyholder could find itself in the position of recalling on its own initiative or being asked by FDA to recall based on this «reasonable probability» standard, but not being able to satisfy the definition of «accidental contamination» under its specialty policy because it can not prove its product was W With the frequency of costly product recalls on the rise, many companies have considered purchasing specialty recall coverage to secure coverage for certain recall - related losses that are often excluded from general liability and property policies.

Because they're not an additional insured, there are no concerns about whether or not they qualify as a third party under the liability coverage.

Liability coverage is automatic for kids under 13, as well, if they cause injury or damage to someone else, because they're presumed not to have the capacity to be negligent.

That's because liability is a third - party coverage designed to protect people who are not insured under the policy.

In other words, if his policy covered you, you would not have liability coverage for burning down his townhome because you're all be insured under the policy!

Your liability coverage could offer some protection, but it would likely only offer protection to you and your new bride (because she's now a «resident spouse» and therefore insured under the policy automatically).

This is generally not ideal, because it causes problems if the landlord (or his insurance company) needs to make a claim under your liability coverage.

Your policy would take care of that under personal property coverage, even though he couldn't because he doesn't have liability coverage.

Because our Professional Liability Insurance coverage is written on a claims - made basis, if you know of any circumstances which might possibly, at some point in the future, give rise to an insurance claim against you and you want coverage under your Insurance Policy, then

Its meaning is important because it determines the types of contracts that are covered under contractual liability coverage.

That's because liability is a third - party coverage designed to protect people who are not insured under the policy.

Consumers who buy commercial policies are often required by law to operate under this coverage because; they are using their vehicle to transport goods or conduct services for payment, there are higher liability risks due to the type of work they are performing, or if employees are operating a vehicle that is owned by a corporation or business.

Umbrella policies are inexpensive because they kick in only after you've exhausted your liability coverage under your auto or homeowners policy.

Liability coverage is automatic for kids under 13, as well, if they cause injury or damage to someone else, because they're presumed not to have the capacity to be negligent.

Your policy would take care of that under personal property coverage, even though he couldn't because he doesn't have liability coverage.

In other words, if his policy covered you, you would not have liability coverage for burning down his townhome because you're all be insured under the policy!

This is unusual because even other states who operate under a no fault policy as Florida does require their motorists to have full liability coverage.

If you cause a fire because the lights you're using to grow with are poorly wired, that's not likely to be covered under liability coverage on your Phoenix renters insurance because you technically caused the loss while committing a crime.

This is generally not ideal, because it causes problems if the landlord (or his insurance company) needs to make a claim under your liability coverage.