automobile indemnity insurance

automobile indemnity insurance
A policy of insurance for the protection of an owner or operator of a motor vehicle having the same purpose in general as an automobile liability policy but distinct from the latter in the respect that the liability of the insurer under the policy does not attach until the insured has sustained an actual loss in the discharge of a liability incurred by him in the operation of the vehicle causing injury to the person or property of another. 7 Am 12d Auto Ins § 81.

Ballentine's law dictionary. . 1998.

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