Page 130 - Policy Wording - Hollard Prestige Portfolio 1.4

What is covered
○ The amount you become legally liable to pay another person for loss or damage to their property in the period of insurance. The maximum amount we will pay for any one incident is stated in the schedule. Liability directly or indirectly caused by fire or explosion is limited to the amount stated in the schedule.
○ We will pay up to the limit stated in the schedule to cover you or anyone you authorise to drive your vehicle, for legal liability to pay for damage to another person’s property resulting from an incident caused by the use of your motor vehicle during the period of insurance. The cover also includes:
– your legal liability for the cost of cleaning up by emergency services after an incident involving your motor vehicle
– claims for damage to another vehicle or property because a vehicle collided with or tried to avoid colliding with:
• property falling from your motor vehicle, or
• property being loaded or unloaded from your motor vehicle.
○ Liability to third parties means legal liability for amounts which you become legally liable to pay due to an occurrence involving the insured motor vehicle, including the towing, loading and unloading. Legal liability is limited:
– to the amount stated in the schedule in the case of drivers under the age of 25 years
– to the amount stated in the schedule in the case of motorcycles and golf carts.
○ Liability if another person drives or uses the insured vehicle means legal liability for amounts you become legally liable to pay if another person drives your motor vehicle with your consent, provided that they:
– have never, to your knowledge, been refused insurance
– are not entitled to compensation under any other policy
– comply with the terms of this policy.
○ Liability if you drive or use any other vehicle means legal liability for amounts that you become legally liable to pay, due to an occurrence while driving or using any other vehicle. Damage to the other vehicle you are driving is covered only if:
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the vehicle is the same type as the insured motor vehicle
you are the driver at the time of the incident
the vehicle is a private car or light delivery vehicle
you do not own the vehicle, it is not leased to you, and you are not purchasing it in terms of a credit agreement
loss of damage to the vehicle is excluded.
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Section 8 – Motor vehicle
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Hollard Prestige Portfolio – Version 1.4 – 2 Feb 2023