How Is Occurrence Commonly Defined in a Property Damage Liability

question 65

Multiple Choice

How is occurrence commonly defined in a property damage liability policy?

• A)As a fire or flood
• B)As an accident resulting in bodily injury or property damage.
• C)As an event that triggers a subrogation clause
• D)As an injury to the property owner occurring in the home

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Definitions:

Research-Based Practice

The use of findings from scientific research to inform and guide clinical practice and decision-making in healthcare.

Literature Review

Comprehensive examination and interpretation of literature relevant to a particular topic or research question.

Statistically Significant

A result in data analysis that is not likely to occur by random chance alone, indicating a meaningful difference or relationship.

Probability

The measure of the likelihood that an event will occur, expressed as a number between 0 and 1, where 0 indicates impossibility and 1 indicates certainty.