Damages - Law Dictionary Search Results
lesion
lesion [Anglo-French, damage, injury, from Latin laesio, from laedere to injure] in the civil law of Louisiana : loss from failure
malicious mischief
malicious mischief : the act or offense of intentionally damaging or destroying another's property (as from feelings of ill will) compare vandalism
memorandum clause
clause : a clause in a marine insurance policy setting forth exclusions or special terms for loss or damage to particular cargo
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Inchmaree clause
sinking in Liverpool harbor resulted in its formulation] : a clause in a marine insurance policy that covers damage or loss caused by the negligence of a vessel's own captain or crew or by any defect in
mortgage clause
clause in an insurance contract (as for fire insurance) that entitles a named mortgagee to be paid for damage or loss to the property see also open mortgage clause, standard mortgage clause
no-fault
in an accident is compensated usually up to a stipulated limit for esp. actual losses (as for property damage, medical bills, and lost wages) by that person's own insurer regardless of who is responsible for the accident
occurrence
: something that takes place ;esp : an accident, event, or continuing condition that causes personal or property damage that is unintended or unexpected from the standpoint of an insured party making a claim
perils
perils for homeowner's insurance, an event that can damage the property. Homeowner's insurance may cover the property for a wide variety of perils caused by accidents, nature,
personal injury protection (pip)
in many cases a no-fault policy, which provides protection against personal injury and related losses, as opposed to damage to your vehicle, up to a specific per-person dollar amount. PIP may include benefits for medical expenses, loss
property
has a tangible and corporeal existence and intrinsic economic value because of it [the insurance policy restricted property damage coverage to tangible property] compare intangible property in this entry 2 : one or more rights of ownership
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