What does 'Property Damage' mean in liability terms?

What does 'Property Damage' mean in liability terms?

• A. Damage to or loss of use of tangible property
• B. Bodily injury
• C. Personal injury
• D. Duty to defend

Answer: (A)

Property damage means physical harm to tangible property or the loss of use of that property caused by an insured’s negligence or an event covered by the policy. It covers things like a car dented in a collision, a roof damaged by hail, or a building rendered unusable after a fire. Loss of use is included—if the property can’t be used because of the damage, that interruption is part of property damage. This concept does not involve injuries to people (that’s bodily or personal injury) and it’s not about the insurer’s duty to defend, which are separate ideas within liability coverage.

Property damage means physical harm to tangible property or the loss of use of that property caused by an insured’s negligence or an event covered by the policy. It covers things like a car dented in a collision, a roof damaged by hail, or a building rendered unusable after a fire. Loss of use is included—if the property can’t be used because of the damage, that interruption is part of property damage. This concept does not involve injuries to people (that’s bodily or personal injury) and it’s not about the insurer’s duty to defend, which are separate ideas within liability coverage.