Automobile Physical Damage Insurance

Automobile Physical Damage Insurance

An insurance policy providing coverage for personal and property damage caused to one's car. Events covered under automobile physical damage insurance may include vandalism, harm from weather, and car accidents. One may purchase this insurance on its own or as part of a more comprehensive policy. It is also called automobile collision insurance. See also: Car insurance, Automobile Liability Insurance.
References in periodicals archive ?
Tenders are invited for Provide commercial property insurance, commercial general liability insurance, automobile liability insurance, automobile physical damage insurance, inland marine coverage, public officials errors and omissions liability, crime insurance, law enforcement, epli, flood, earthquake, boiler and machinery insurance and workers compensation.
However, with advances in technology to combat automobile physical damage insurance fraud, certain provisions of the current rule have been rendered obsolete or unduly burdensome to insurers and insureds.
The proposed rule should reduce costs to insurers overall for the administration, processing of paperwork, operations and underwriting of automobile physical damage insurance.
AHMIC), a national property and casualty insurer licensed in 48 states and the District of Columbia, writes primarily commercial automobile liability, commercial multiperil insurance, automobile physical damage insurance, and workers' compensation coverage.
Along the way the Company has developed several innovative products for the marketplace including for-hire vehicle physical damage insurance, private passenger automobile physical damage insurance and in 2009, a standalone policy providing canine legal liability insurance.

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