Bodily Injury (BI) and Property Damage (PD)
Bodily Injury (BI) and Property Damage (PD) are a part of liability
insurance. BI coverage, together with PD, make up the most important
part of liability insurance.
Automobile
Auto liability are often expressed on a split limit basis, with a maximum
amount available per person and accident for bodily injury and a
separate, per-accident maximum for property damage. All states have
some sort of compulsory insurance or financial responsibility laws that
require motorists to carry a minimum amount of liability insurance. New
York State mandates personal auto motorist to carry minimum bodily
injury protection of 25/50 ($25,000 per person and $50,000 per accident)
and $10,000 in property damage.
Liability can also be bought on a combined single limit that applies to
both bodily injury and property damage that result from the same
occurrence. Many commercial automobile policies sold in New York are
single limit based. For example, $100,000 single limit that applies to both
BI and PD.
"Bodily Injury" (BI) means bodily injury, sickness, or death sustained by a
person, including death resulting from any of the above at any time. The
definition of "bodily injury" has been interpreted by some courts to apply
to mental or emotional distress, even when no actual physical injury has
occurred. There has been court cases in New York in which damages
caused by "emotional distress" were awarded.
Commercial General Liability Policy
Bodily injury and property damage make up an important part of the
commercial general liability (CGL) policy.
Bodily Injury (BI) and Property Damage (PD) are a part of liability
insurance. BI coverage, together with PD, make up the most important
part of liability insurance.
Automobile
Auto liability are often expressed on a split limit basis, with a maximum
amount available per person and accident for bodily injury and a
separate, per-accident maximum for property damage. All states have
some sort of compulsory insurance or financial responsibility laws that
require motorists to carry a minimum amount of liability insurance. New
York State mandates personal auto motorist to carry minimum bodily
injury protection of 25/50 ($25,000 per person and $50,000 per accident)
and $10,000 in property damage.
Liability can also be bought on a combined single limit that applies to
both bodily injury and property damage that result from the same
occurrence. Many commercial automobile policies sold in New York are
single limit based. For example, $100,000 single limit that applies to both
BI and PD.
"Bodily Injury" (BI) means bodily injury, sickness, or death sustained by a
person, including death resulting from any of the above at any time. The
definition of "bodily injury" has been interpreted by some courts to apply
to mental or emotional distress, even when no actual physical injury has
occurred. There has been court cases in New York in which damages
caused by "emotional distress" were awarded.
Commercial General Liability Policy
Bodily injury and property damage make up an important part of the
commercial general liability (CGL) policy.
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