Explore the concept of a tort, a civil wrong committed against another for which legal liability can be assigned, including acts of negligence or omission.
Learn about Fire Legal Liability in Property Insurance, a key coverage that protects you against liability due to negligence causing fire damage to another's property.
Discover the concept of negligence within general insurance terms. Learn how a failure to exercise reasonable care can have legal implications in various circumstances.
Explore the principle of 'Last Clear Chance' in legal terminology, which holds individuals liable if they had a final clear opportunity to avoid an accident and failed to act.
Explore the legal doctrine of Res Ipsa Loquitur, the concept under which a person is deemed negligent if they had total and sole control over circumstances leading to an injury.
Explore the concept of Deep Pockets Liability, also known as joint-and-several liability, where damages can be obtained from co-defendants based on their ability to pay rather than their level of negligence.
Learn about punitive damages, a form of punishment awarded against negligent, omission, or malicious acts by individuals or companies. Explore how these damages relate to general liability policies.
Learn about Guest Law, a legal principle that limits the rights of automobile passengers in negligence claims against drivers. Understand the requirements and implications of proving willful and wanton negligence.
Discover the definition and significance of the mortgage clause in property insurance, a key feature in direct damage policies for mortgaged properties.
Explore comprehensive definitions, etymologies, synonyms, antonyms, facts, quotes, government regulations, references, and quizzes related to insurance terms. Ideal for professionals, students, and enthusiasts.