In the ISO Coverage Forms CA 03 01 & CA 03 02, Part A: Liability deductible, states "the damages resulting from any one "accident"….

The liability deductible is 50K, a claim settles for 20K & there was 10K in attorney expense associated with the defense of the insured. Does the deductible apply to both indemnity and expense or just the indemnity(loss). Do we collect 20K or 30K as part of the deductible?

New Jersey Subscriber

Continue Reading for Free

Register and gain access to:

  • Quality content from industry experts with over 60 years insurance experience, combined
  • Customizable alerts of changes in relevant policies and trends
  • Search and navigate Q&As to find answers to your specific questions
  • Filter by article, discussion, analysis and more to find the exact information you’re looking for
  • Continually updated to bring you the latest reports, trending topics, and coverage analysis