Insurance covering the legal liability of franchised and non-franchised automobile, truck, truck-tractor, motorcycle, recreational vehicle, and trailer dealers for claims of bodily injury (BI) and property damage (PD) arising out of business operations. It includes two separate insuring agreements, “who is an insured” provisions, and “limit of insurance” provisions—one dealing with garage operations involving the ownership, maintenance, or use of autos and the other dealing with all other garage operations.

US: Coverage that pertains, for the most part, to claims arising out of the insured’s liability for injuries or damage caused by ownership of property, manufacturing operations, contracting operations, sale or distribution of products, and the operation of machinery, as well as professional services.
****
US: Insurance protecting commercial insureds from most liability exposures other than automobile and professional liability.
****
MEDICAL,USA,REFERENCE: See: commercial general liability insurance (CGL) and commercial lines .
****
REFERENCE See: Commercial general liability.

US: A property insurance policy covering breakage of building glass (such as windows) regardless of cause. The 2000 edition standard property insurance policies provide very limited coverage for glass breakage.
****
UK: Breakage of all types of glass (e.g. wired and embossed plate, figured glass, etc.). The insurers will make good or pay full replacement value, including shop fronts with lettering. Any breakage insurable under a fire policy or caused by explosion is excluded. Fixed glass in dwellings is insured under household comprehensive policies.
****
MEDICAL,USA: Insurance coverage for breakage of glass items caused by all risks but subject to exclusions of war and fire.
****
Popularly known as Plate Glass Insurance. The Policy covers loss or damage to the plate glass occasioned by breakage from almost any peril. However, Fire is usually excluded because it is covered under any basic property policy and war is excluded. The maximum indemnity is value of the glass at the time of occurrence of loss or insured’s estimate of value mentioned in the Policy, whichever is less. The word “breakage” will not include scratches, disfiguration, discoloration of damage other than fracture extending through the entire thickness of the glass.
****
US: Protection for loss of or damage to glass and its appurtenances.

A fund, derived from assessments against solvent insurance companies, to absorb losses of claimants against insolvent insurance companies.
***
Established by law in every state, guaranty funds are maintained by a state’s insurance commissioner to protect policyholders in the event that an insurer becomes insolvent or is unable to meet its financial obligations. The funds are usually financed by assessments against all property and liability insurers regulated by a state.