About: Knock-for-knock agreement

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A knock-for-knock agreement is an agreement between two insurance companies whereby, when both companies' policy-holders incur losses in the same insured event (usually a motor accident), each insurer pays the losses sustained by its own policy-holder regardless of who was responsible.

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  • A knock-for-knock agreement is an agreement between two insurance companies whereby, when both companies' policy-holders incur losses in the same insured event (usually a motor accident), each insurer pays the losses sustained by its own policy-holder regardless of who was responsible. (en)
  • Een knock-for-knock agreement is een overeenkomst tussen verzekeringsmaatschappijen om elkaars klanten niet voor schade aan te spreken. (nl)
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  • A knock-for-knock agreement is an agreement between two insurance companies whereby, when both companies' policy-holders incur losses in the same insured event (usually a motor accident), each insurer pays the losses sustained by its own policy-holder regardless of who was responsible. (en)
  • Een knock-for-knock agreement is een overeenkomst tussen verzekeringsmaatschappijen om elkaars klanten niet voor schade aan te spreken. (nl)
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  • Knock-for-knock agreement (en)
  • Knock-for-knock agreement (nl)
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