knock-for-knock

knock-for-knock
an agreement between insurance companies that has considerable practical effects for many motorists, although not strictly speaking a legal institution. The agreement means that an insurer will, under a fully comprehensive policy, pay the losses of its own insured and will not insist upon raising an action against the other companies insured. If there are uninsured losses, the motorist may have to raise his own action in any event. The idea of insurance companies giving no-claims bonuses whereby they reduce the premium charged if there is no claim means that the issue of fault still has to be resolved, although some companies may still treat the claim as a claim destroying the bonus if they have settled knock-for-knock regardless of the issue of fault. See generally Hobbes v. Marlowe [1977] 2 All ER 241.

Collins dictionary of law. . 2001.

Игры ⚽ Поможем решить контрольную работу

Look at other dictionaries:

  • Knock-and-announce — Knock and announce, in United States law of criminal procedure, is an ancient common law principle, incorporated into the Fourth Amendment,[1] which often requires law enforcement officers to announce their presence and provide residents with an… …   Wikipedia

  • Knock Castle (Aberdeenshire) — Knock Castle is a ruined tower house in Aberdeenshire, north east Scotland. It is typical of the traditional type of residence of a laird, a Scottish landed gentleman. The Castle sits in a strong position on a knoll in a field on the south side… …   Wikipedia

  • knock — [näk] vi. [ME knokken < OE cnocian, akin to ON knoka, MHG knochen, to press < echoic base > KNACK] 1. to strike a blow or blows with the fist or some hard object; esp., to rap on a door 2. to bump; collide; clash 3. to make a thumping,… …   English World dictionary

  • Knock, Knock, Ginger — or Knocky Door Ginger were the names for the game dating back to 19th century England or possibly before to the Cornish traditional holiday of Nickanan Night. This game or prank is played by children in many cultures. It involves knocking on the… …   Wikipedia

  • Knock-down kit — For other uses of the abbreviation CKD , see CKD. A knock down kit (also styled knockdown kit, knocked down kit, or simply knockdown, and sometimes abbreviated KD) is a kit containing the parts needed to assemble a product. The parts are… …   Wikipedia

  • knock someone for six — knock someone for six/knock someone sideways/informal phrase to make someone feel very shocked or upset Thesaurus: to make someone feel sad or upsetsynonym to make someone feel shocked or surprisedsynonym Main entry …   Useful english dictionary

  • Knock House Hotel (Mayo County) — Knock House Hotel country: Ireland, city: Mayo County (Knock) Knock House Hotel Just minutes from Knock Shrine, Knock House Hotel Mayo County is ideally located in the heart of the countryside. Featuring a warm hospitality and great comfort, the… …   International hotels

  • Knock First — is a reality television series in which an adolescent is chosen for a total room makeover by the Knock First crew. The first series aired starting in the fall of 2003 on ABC Family.The premise of the show was to shape the room in which the… …   Wikipedia

  • Knock Knock — can refer to: *Knock knock joke, a type of joke. * Knock Knock (1940 cartoon) , a 1940 animated short film noted for the first appearance of Woody Woodpecker * Knock Knock (album) , a 1999 Smog album. * Knock Knock (song) , a 2003 single by… …   Wikipedia

  • Knock on the Sky — Studio album by SHeDAISY Released June 25, 2002 …   Wikipedia

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”