property damage insurance
noun
: insurance protecting against all or part of an individual's legal liability for damage done (as by his or her automobile) to the property of another
Examples of property damage insurance in a Sentence
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There’s an assumption that property owners take all the risk because a tenant may default on the rent or cause property damage insurance would cover the damage and the concentration is on tenant screening.
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Christopher Elliott, Forbes, 9 Apr. 2022
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Christopher Elliott, Forbes, 9 Apr. 2022
Cite this Entry
“Property damage insurance.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/property%20damage%20insurance. Accessed 14 Jul. 2025.
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