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Property damage (sometimes called damage to property), is the damage or destruction of real or tangible personal property, caused by negligence, willful destruction, or an act of nature. Destruction of property (sometimes called property destruction , or criminal damage in England and Wales ) is a sub-type of property damage that involves ...
The largest element is likely to be the reinstatement of property damage. Take for example a factory which was burnt down by the negligence of a contractor. The claimant would be entitled to the direct costs required to rebuild the factory and replace the damaged machinery. The claimant may also be entitled to any consequential losses.
Vandalism is the action involving deliberate destruction of or damage to public or private property. [1]The term includes property damage, such as graffiti and defacement directed towards any property without permission of the owner.
Coverage type. Details. Standard policy. Requires an additional policy or endorsement. Liability. If a guest is injured while on your property or you are found responsible for damaging someone ...
It reportedly took nearly seven years of negotiation and litigation for Attorney Henry Lung of Minneola, N.Y., to win a property damage arbitration award of $99,500 for his clients, who had a ...
Property crime is a category of crime, usually involving private property, that includes, among other crimes, burglary, larceny, theft, motor vehicle theft, arson, shoplifting, and vandalism. Property crime is a crime to obtain money, property, or some other benefit. This may involve force, or the threat of force, in cases like robbery or ...
Eco-terrorism is an act of violence which is committed in support of environmental causes, against people or property. [1] [2]The United States Federal Bureau of Investigation (FBI) defines eco-terrorism as "...the use or threatened use of violence of a criminal nature against innocent victims or their property by an environmentally oriented, subnational group for environmental-political ...
If your property is damaged by a fallen tree, whether it originated from your property or a neighbor’s, your first move should be to contact your homeowners insurance company. From there, your ...