COVERAGE L – PERSONAL LIABILITY Sample Clauses
The Coverage L - Personal Liability clause defines the insurance protection provided to the policyholder against claims of bodily injury or property damage for which they are legally responsible. This coverage typically applies when someone is injured or their property is damaged due to the policyholder's actions, either on their premises or as a result of their personal activities elsewhere. Its core function is to shield the insured from financial loss by covering legal defense costs and potential settlements or judgments, thereby managing the risk of personal liability claims.
POPULAR SAMPLE Copied 1 times
COVERAGE L – PERSONAL LIABILITY. If a claim is made or a suit is brought against an "insured" for damages because of "bodily injury" or "property damage" caused by an "occurrence" to which this coverage applies, we will:
COVERAGE L – PERSONAL LIABILITY. We pay up to our limit of liability, all sums for which any insured is legally liable because of bodily injury or property damage caused by an occurrence to which this coverage applies. We will defend (with counsel of our choice) any suit seeking damages, provided the suit resulted from bodily injury or property damage not excluded under this coverage. We may make investigation and settle any claim or suit that we decide is appropriate. We are not obligated to provide a defense after we have paid, either by judgment or settlement, an amount equal to our limit of liability.
COVERAGE L – PERSONAL LIABILITY. This insurance is excess over other valid and collectible insurance that applies to the loss or claim, other than insurance written specifically to provide coverage in excess of the “limits” that apply in this policy.
COVERAGE L – PERSONAL LIABILITY. The “limit” shown on the “declarations” for Coverage L is the most “we” pay for loss for each “occurrence”. This applies regardless of the number of:
a. persons insured under this policy;
b. parties who sustain injury or damage;
c. claims made or suits brought; or
d. policy periods involved. All “bodily injury” and “property damage” arising out of any one accident or out of repeated exposures to similar conditions will be considered one “occurrence”.
COVERAGE L – PERSONAL LIABILITY. If a claim is made or a suit is brought against an insured for damages because of bodily injury or property dam- age to which this coverage applies, caused by an occur- rence, we will:
COVERAGE L – PERSONAL LIABILITY. If a claim is made or a suit is brought against an "insured" for damages because of "bodily injury" or "property damage" caused by an "occurrence" to which this coverage applies, we will:
1. Pay up to our limit of liability for the damages for which an "insured" is legally liable. Damag- es include prejudgment interest awarded against an "insured"; and
2. Provide a defense at our expense by counsel of our choice, even if the suit is groundless, false or fraudulent. We may investigate and settle any claim or suit that we decide is appropriate. Our duty to settle or defend ends when our limit of liability for the "occurrence" has been ex- hausted by payment of a judgment or settle- ment.
COVERAGE L – PERSONAL LIABILITY. “We” pay, up to the “limit” that applies, all sums for which an “insured” is liable by law because of “bodily injury” or “property damage” caused by an “occurrence” to which this coverage applies.
COVERAGE L – PERSONAL LIABILITY does not apply to: