automobile physical damage insurance Definition | Business Dictionaries from AllBusiness.com
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Business Definition for: automobile physical damage insurance
automobile physical damage insurance

coverage in the event an insured's automobile is damaged, destroyed, or lost through fire, theft, vandalism, malicious mischief, collision, or windstorm. There are two kinds of property damage coverage- collision insurance and comprehensive insurance .

See also Business Automobile Policy (BAP) , Personal Automobile Policy (PAP)
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