Definition: Damage to another person's property. The purpose of liability insurance is to cover property damage to a third party resulting from the negligent or intentional acts of an insured.
Property Damage
By Bobbie Sage, About.com
Explore Personal Insurance
Must Reads
More from About.com
Work Hard, Travel Easy
The best tips for business travelers.Dog Care
Get tips on training and caring for dogs of all ages.48 Hours in Vegas
Plan a hot weekend in Sin City.Hotel Advice
The must-stay hotels worldwide.
©2008 About.com, a part of The New York Times Company.
All rights reserved.