Both to Blame Clause
(redirected from Both to Blame Collision Clauses)Both to Blame Clause
In marine insurance, a clause stating that in the event two or more ships are determined to be responsible for a collision at sea, the owners and transporters are jointly responsible for all damages in proportion to the value of the property each was originally transporting.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved