Property Damage
Term · Environment · MLC-T-ENV-022520
1. Physical injury to or destruction of tangible property, including the personal property of third parties.
2. Loss of use of such property that has not been physically injured or destroyed.
3. Diminished third party property value provided that such physical injury or destruction and/or loss of use are caused by pollution conditions.
4. Damage to or the destruction of tangible public or private property, including loss of use of that property.
| Identifier | MLC-T-ENV-022520 |
|---|---|
| Field | Environment |
| Subject | Land, waste and cleanup |
| References | Environmental Insurance and Risk Management Tools Glossary; 40 CFR 1604.2 (CFR 2020) |
Record as JSON
{
"id": "MLC-T-ENV-022520",
"term": "Property Damage",
"field": "Environment",
"definition": "1. Physical injury to or destruction of tangible property, including the personal property of third parties.\n\n2. Loss of use of such property that has not been physically injured or destroyed.\n\n3. Diminished third party property value provided that such physical injury or destruction and/or loss of use are caused by pollution conditions.\n\n4. Damage to or the destruction of tangible public or private property, including loss of use of that property.",
"subject": "Land, waste and cleanup",
"references": [
"Environmental Insurance and Risk Management Tools Glossary",
"40 CFR 1604.2 (CFR 2020)"
],
"url": "https://mlchart.com/terminology/environment/property-damage/"
}
Record 22,520 of 30,736 in Environment terminology (MLC-0121). Request the full dataset.