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Bodily Injury Property Damage Coverage (BIPD) protects appraisers for what E&O does not cover: accidental damage to property or bodily injury (BIPD) you may cause while you are providing your professional services at an appraisal inspection. This coverage is especially important if you do FHA appraisals.
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As part of your Liability Insurance, Bodily Injury coverage not only protects you from paying for these expenses out of pocket, but also pays for your legal defense if
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If you cause an accident that injures another person and/or damages their property, bodily injury and property damage liability insurance are designed to protect
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How is Bodily Injury and Property Damage (insurance) abbreviated? BIPD stands for Bodily Injury and Property Damage (insurance). BIPD is defined as Bodily
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BI/PD stands for Bodily Injury and Property Damage. Most Real Estate E&O policies include some measure of BI/PD coverage, such as limited
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This section talks about carriers and the required coverage that a carrier current Auto policy information commonly known as BIPD insurance.