Under this decision, if the property damage is intended, even if it is intended because of a mistake, it is not covered.
What does PD stand for?
PD stands for Property Damage (insurance)
This definition appears very frequently and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of PD
We have 132 other meanings of PD in our Acronym Attic
- Program/Project Development
- Programming Director
- Progressive Demokraten
- Progressive Disease
- Project Description
- Project Directive/Director
- Project Director
- Project Dolphin (GameCube nickname)
- Prom Date
- Propagation Delay
Samples in periodicals archive:
To maximize efficiency and effectiveness, the risk of illness and property damage from pests should be put into the context of the overall risk management plan.
Both these scenarios raise the question, What constitutes property damage under third party commercial and comprehensive general liability policies?
The reasoning that supported a triple-trigger finding for bodily injury resulting from ingestion of a toxic chemical does not apply to either first- or third-party property damage cases where damage is caused by a long-continuing condition.