Insurance companies must pay the entire sum of any liability caused by an accident or occurrence so long as the accident or occurrence causes bodily injury or property damage within the policy period. Insurers cannot escape liability by attempting to limit their obligation to property damage alone.
Consolidated Edison Company vs. Allstate Insurance Company
Year
2000
Court
New York State Court of Appeals
Case Number
Motion No. 956/01
Issue
- Recoverable damages
State
- New York