Property Damage (PD) is defined as which of the following?

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Prepare for the Florida Claims Adjuster (6-20) Test. Use flashcards and multiple choice questions, with hints and explanations for each question. Ace your exam!

Multiple Choice

Property Damage (PD) is defined as which of the following?

Explanation:
Property Damage means physical injury to tangible property, including the loss of use of that property due to the damage. The emphasis is on harm to something you can touch and its ability to be used, not on people or purely monetary losses. So if a car is damaged in a crash, the repair costs and the downtime while it’s out of service fall under PD. Non-physical injuries and medical expenses relate to other coverages, not PD.

Property Damage means physical injury to tangible property, including the loss of use of that property due to the damage. The emphasis is on harm to something you can touch and its ability to be used, not on people or purely monetary losses. So if a car is damaged in a crash, the repair costs and the downtime while it’s out of service fall under PD. Non-physical injuries and medical expenses relate to other coverages, not PD.

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