broad form property damage (BFPD)

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spiros

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broad form property damage (BFPD)
on: 07 Jun, 2021, 14:13:38
broad form property damage (BFPD)

A broad form property damage endorsement was an addition to a commercial general liability (CGL) policy that eliminated the exclusion of property as part of the coverage provided by the insurer. A higher premium was usually required for this additional coverage.
Broad Form Property Damage Endorsement Definition

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