Physical Damage Coverage definition

Physical Damage Coverage means the optional coverages in a policy for collision or comprehensive (other than collision) coverages.
Physical Damage Coverage means an endorsement to a Policy that provides the insured coverage against certain losses with respect to and arising from collateral for which the insured has contingent contractual rights, but where such collateral has physical damage.
Physical Damage Coverage. Physical damage for state-owned aircraft including disappearance and search & rescue efforts associated with recovery of the aircraft. Physical damage for non-owned aircraft up to 90 days for legal liability only. For an additional premium charge, non-owned aircraft may be insured for claims that do not arise from legal liability (i.e. arson, fire, flood, wind, hail, etc.) by contacting the Risk Management & Tort Defense Division.

Examples of Physical Damage Coverage in a sentence

  • Automobile Physical Damage Coverage for damage to the owned or used vehicle.

  • DEALERS PHYSICAL DAMAGE *Non-Reporting Form Only, 80% coinsurance clause applies□ Specified Causes of Loss (select desired deductible)□ $500 □ $1,000 □ $2,500 □ $5,000ANDCollision (select desired deductible)□ $500 □ $1,000 □ $2,500 □ $5,000 List All Business Locations To Be Covered for Dealers Physical Damage Coverage Loc.

  • DEALERS PHYSICAL DAMAGE *Non-Reporting Form Only, 80% Co-Insurance Clause AppliesSpecified Causes of Loss (select desired deductible)$500 $1,000 $2,500 $5,000ANDCollision (select desired deductible)$500 $1,000 $2,500 $5,000List All Business Locations to be Covered for Dealers Physical Damage Coverage Loc.

  • The amount paid under the Physical Damage Coverage Section of the policy; and2.

  • The Contractor shall provide GKLL Coverage, including Physical Damage Coverage (section III, ISO policy form CA00 05 03 10 or a more recent form) for all vehicles and/or equipment owned by the City while in the care, custody, or control of the Contractor/Vendor.

  • DEALERS PHYSICAL DAMAGE *Non-Reporting Form Only, 80% coinsurance clause applies🞎 Specified Causes of Loss (select desired deductible)🞎 $500 🞎 $1,000 🞎 $2,500 🞎 $5,000ANDCollision (select desired deductible)🞎 $500 🞎 $1,000 🞎 $2,500 🞎 $5,000 List All Business Locations To Be Covered for Dealers Physical Damage Coverage Loc.

  • Automobile Physical Damage Coverage, if elected, will extend to hired automobiles, but is excess over any other available coverage or insurance.

  • DEALERS PHYSICAL DAMAGE *Non-Reporting Form Only, 80% Co-Insurance Clause AppliesƑ Specified Causes of Loss (select desired deductible)Ƒ $500 Ƒ $1,000 Ƒ $2,500 Ƒ $5,000ANDCollision (select desired deductible)Ƒ $500 Ƒ $1,000 Ƒ $2,500 Ƒ $5,000 List All Business Locations to be Covered for Dealers Physical Damage Coverage Loc.

  • Consistent Use of Appraisals in Determining Physical Damage Coverage Category: Servicing Carrier Consistency in Handling of Risks Priority: High Committee Focus: Determination of whether there is a need for a procedure to determine when an appraisal is required for physical damage coverage Committee Action to Date: Agreement to add this item to the Market Issues List Status: At a future meeting, the Committee will begin reviewing this item to determine what procedures may be developed.

  • Motorcycle Physical Damage Coverage Report all motorcycle and moped physical damage.


More Definitions of Physical Damage Coverage

Physical Damage Coverage means Collision, Limited Collision, and Comprehensive
Physical Damage Coverage means the optional coverages in a policy for collision

Related to Physical Damage Coverage

  • Direct Damage has the meaning given to it in clause 26.2;

  • Substantial damage means damage of any origin sustained by a structure whereby the cost of restoring the structure to its before damaged condition would equal or exceed 50 percent of the market value of the structure before the damage occurred.

  • Bodily injury means bodily injury, sickness or disease sustained by a person, including death resulting from any of these at any time.

  • Property damage means physical injury to, destruction of or loss of use of tangible property.

  • General Liability Insurance Subcontractor shall carry minimum primary General Liability Insurance for the following amounts:

  • Catastrophic injury or illness means a life-threatening injury or illness of an employee or a member of an employee's immediate family that totally incapacitates the employee from work, as verified by a licensed physician, and forces the employee to exhaust all leave time earned by that employee, resulting in the loss of compensation from the state for the employee. Conditions that are short-term in nature, including, but not limited to, common illnesses such as influenza and the measles, and common injuries, are not catastrophic. Chronic illnesses or injuries, such as cancer or major surgery, that result in intermittent absences from work and that are long-term in nature and require long recuperation periods may be considered catastrophic.

  • Damage means actual and/or physical damage to tangible property;

  • Environmental Damages means all liabilities (including strict liability), losses, damages (excluding consequential, special, exemplary or punitive damages except to the extent such damages were imposed upon an Indemnitee as a result of any claims made against such Indemnitee by a governmental entity or any other third party), judgments, penalties, fines, costs and expenses (including fees, costs and expenses of attorneys, consultants, contractors, experts and laboratories), of any and every kind or character, at law or in equity, contingent or otherwise, matured or unmatured, foreseeable or unforeseeable, made, incurred, suffered, brought, or imposed at any time and from time to time, whether before or after the Release Date and arising in whole or in part from:

  • Injury means accidental physical bodily harm excluding illness or disease solely and directly caused by external, violent and visible and evident means which is verified and certified by a Medical Practitioner.