What does knocking mean in insurance?
knock-for-knock agreement in British English
(ˈnɒkfəˈnɒk əˈɡriːmənt ) insurance. an agreement between vehicle insurers that in the event of an accident each will pay for the damage to the vehicle insured with them without attempting to establish blame for the accident.
What does defamation mean in insurance?
Defamation — any written or oral communication about a person or thing that is both untrue and unfavorable. Media liability and general liability policies typically provide coverage for claims alleging defamation (although general liability policies exclude such coverage for insureds engaged in media businesses).
What is sliding in the insurance?
Sliding is about an insurance agent or company misrepresenting either the scope or the cost of coverage to a consumer. For example, the insurer may tell a consumer that state law requires anyone purchasing a homeowners policy to purchase auto insurance as well.