Damage to Personal Property of Others. At our option, an insured loss to property of others may be: a. adjusted with and paid to you for the account of the owner of the property; or b. adjusted with and paid to the owner. Payment to the owner discharges our obligation to an insured as to this property.
Appears in 3 contracts
Samples: Insurance Policy, Insurance Agreement, Insurance Agreement
Damage to Personal Property of Others. At our option, an insured a covered loss to property of others may be:
a. 1) adjusted with and paid to you for the account of the owner of the property; or
b. adjusted with and paid to the owner. Payment to the owner discharges our obligation to an insured as to this property.
Appears in 2 contracts
Samples: General Policy Provisions Agreement, General Policy Provisions Agreement
Damage to Personal Property of Others. At our option, an insured loss to property of others may be:
a. 1) adjusted with and paid to you for the account of the owner of the property; or
b. adjusted with and paid to the owner. Payment to the owner discharges our obligation to an insured as to this property.
Appears in 1 contract
Samples: General Policy Provisions Agreement
Damage to Personal Property of Others. At our option, an insured a covered loss to property of others may be:
a. 1) adjusted with and paid to you for the account of the owner of the property; or
b. 2) adjusted with and paid to the owner. Payment to the owner discharges our obligation to an insured as to this property.
Appears in 1 contract
Samples: Condominium Unit Owners / Cooperative Apartment Shared Ownership Agreement
