Which of the following will be covered under coverage of a bodily injury and property damage in the commercial general liability policy?
Asked by: Aliyah Keebler | Last update: April 7, 2025Score: 4.6/5 (11 votes)
Which coverage provides coverage for bodily injury and property damage liability for the premises and operations of an airport?
General Liability Insurance: Covers legal liabilities for bodily injury and property damage claims arising from airport operations. Airport Property Insurance: Protects against damage to airport facilities, including runways, hangars, and terminal buildings.
What is an example of a general liability property damage claim?
Imagine you are a carpet cleaner. In the course of cleaning a customer's living room carpet, you accidentally knock over a lamp and break it. That's property damage. It involves harm to the property of a third party — in this case, your customer.
What is not covered under a CGL policy?
In summary, while CGL policies provide broad coverage for general business liabilities, policyholders should be aware of common exclusions like expected harm, contractual obligations, pollution, aircraft/watercraft, and professional services.
Which injury would be covered by a CGL policy?
A Commercial General Liability (CGL) policy protects your business from financial loss should you be liable for property damage or personal and advertising injury caused by your services, business operations or your employees.
What is Covered Under General Liability and What Is Not?
What is covered by the general liability policy?
What does general liability insurance cover? General liability insurance policies typically cover you and your company for claims involving bodily injuries and property damage resulting from your products, services or operations. It may also cover you if you are held liable for damages to your landlord's property.
What is property damage covered by a liability policy?
What is Property Damage Coverage? If you're responsible for an accident, Property Damage Coverage will take care of the cost of repairing or replacing another person's property. This typically means damage to someone else's car, but it could apply to any other type of property you damage in an accident.
What is an example of general damage?
General Damages Examples
Physical pain. Disfigurement (e.g., permanent scarring or loss of a limb) Physical impairment or disability (e.g., no longer able to walk) Emotional distress (e.g., anguish from the loss of a loved one)
Who is an insured under a CGL policy?
The first and most obvious entity that is insured under a CGL policy is the “Named Insured,” which is explicitly mentioned in the policy documents. In most cases, the Named Insured is the business entity that has purchased the insurance coverage.
What type of insurance protects a business from bodily injury or property damage to you or your clients?
General liability insurance is comprehensive but specific. It's designed to protect your business from financial losses due to third-party claims of bodily injury, property damage, and personal and advertising injury.
Which of the following are types of liability coverage?
Five forms of liability are covered: premises, operations, products, completed operations and contractual liability.
What is a coverage form that provides coverage for bodily injury or property damage that is claimed during the policy period?
CGL policies cover property damage, bodily injury, and other types of claims. This coverage will help you pay attorney fees or settlement costs in the event of a lawsuit. And you can augment your coverage with extensions that cover errors and omissions, excess liability, or employment practices liability.
What is a CGL coverage form?
The commercial general liability (CGL) policy is a standard insurance policy issued to business organizations to protect them against liability claims for bodily injury (BI) and property damage (PD) arising out of premises, operations, products, and completed operations; and advertising and personal injury (PI) ...
What does a CGL provide liability coverage for quizlet?
A CGL provides liability coverage for: A person whose reputation is harmed by the insured's innocent dissemination of information.
Is CGL under operations liability?
Completed operations liability is an insurance coverage typically included on most commercial general liability (CGL) policies. It pays for damages caused by your work that occur after you complete a job.
What is the most common type of property damage?
The six most frequent property damage claims include wind and hail damage, water damage, fire and lightning damage, theft, vandalism, and liability claims.
What is an example of accidental damage in insurance?
Accidental damage insurance can cover you for those sudden mishaps. There needs to be a one off, out of the blue, single event that caused the damage to your home, or what's inside. For example, spilling juice on the carpet or a window smashed by a ball.
What is an example of damage without injury?
While the existing shop suffers financial loss (damnum), there is no legal injury because the new shop has not violated any legal rights. Thus, this situation exemplifies Loss without injury.
Does bodily injury cover me?
Bodily injury covers the other driver's medical bills (including their passengers) if you cause an accident. Personal injury protection covers medical bills and related expenses for you and your passengers after an accident regardless of fault.
What is the difference between property damage and collision damage?
Property damage liability coverage pays for the cost to repair damage you cause to property owned by someone else. Collision coverage pays to repair your own vehicle less your deductible.
Does property insurance cover car damage?
Car Coverage
While homeowners insurance won't cover damage to the car itself, many policies will provide some coverage for personal items that are stolen from it. However, some of the more comprehensive auto insurance policies may cover this, too.
What is included in the liability coverage?
Liability coverage includes property damage and bodily injury coverages. Property damage coverage insures against damage to another person's property caused by your vehicle. This includes: Repairs to the other driver's vehicle.
What is excluded in a general liability policy?
Comprehensive general liability insurance doesn't cover claims related to catastrophic risks. These scenarios include “acts of god” (e.g., earthquakes, floods, and earth movements like mudslides), as well as hostile acts such as damage from wars and riots.
Who does a liability insurance policy cover on Quizlet?
Automobile Liability Insurance pays damages on behalf of the insured to the parties who are injured or damaged as a result of the negligence of the insured.
Does a CGL policy cover property damage?
Coverage A of a CGL policy generally covers accidental property damage and bodily injury. For example, if a subcontractor working on your behalf damages a client's property, this would typically be covered. However, damage to your own work or product is excluded unless the damage was caused by a subcontractor.