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  2. Knock-for-knock agreement - Wikipedia

    en.wikipedia.org/wiki/Knock-for-knock_agreement

    Knock-for-knock agreement. A knock-for-knock agreement is an agreement between two insurance companies whereby, when both companies' policy-holders incur losses in the same insured event (usually a motor accident), each insurer pays the losses sustained by its own policy-holder regardless of who was responsible.

  3. Product liability - Wikipedia

    en.wikipedia.org/wiki/Product_liability

    Tort law. Product liability is the area of law in which manufacturers, distributors, suppliers, retailers, and others who make products available to the public are held responsible for the injuries those products cause. Although the word "product" has broad connotations, product liability as an area of law is traditionally limited to products ...

  4. Consequential damages - Wikipedia

    en.wikipedia.org/wiki/Consequential_damages

    The type of claim giving rise to the damages, such as whether it is a breach of contract action or tort claim, can affect the rules or calculations associated with a given type of damages. For example, consequential damages are a potential type of expectation damages that arise in contract law.

  5. Home warranty vs. homeowners insurance - AOL

    www.aol.com/finance/home-warranty-vs-homeowners...

    A home insurance policy protects your finances against specific types of damage to your home and belongings, while a home warranty is a service contract that can cover repairs to major home ...

  6. Warranty - Wikipedia

    en.wikipedia.org/wiki/Warranty

    Warranty. In law, a warranty is an expressed or implied promise or assurance of some kind. The term's meaning varies across legal subjects. [1] In property law, it refers to a covenant by the grantor of a deed. [2] In insurance law, it refers to a promise by the purchaser of an insurance about the thing or person to be insured.

  7. What is an insurance claim and when should you file one? - AOL

    www.aol.com/finance/insurance-claim-file-one...

    You should file a claim whenever something happens that your policy would cover. So, for example, if you have comprehensive coverage and your car was vandalized or stolen, you would file a claim ...

  8. Vehicle insurance - Wikipedia

    en.wikipedia.org/wiki/Vehicle_insurance

    The claims of the auto insurance in India can be accidental, theft claims or third party claims. Certain documents are required for claiming auto insurance, like duly signed claim form, Registration Certificate copy of the vehicle, driving license copy, First information report copy, original estimate and policy copy.

  9. Explanation of benefits - Wikipedia

    en.wikipedia.org/wiki/Explanation_of_benefits

    An explanation of benefits (commonly referred to as an EOB form) is a statement sent by a health insurance company to covered individuals explaining what medical treatments and/or services were paid for on their behalf. [ 1] The EOB is commonly attached to a check or statement of electronic payment. An EOB typically describes: the payee, the ...

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