Special damages refer to specific, quantifiable financial losses that result from an injury or accident. These damages can be directly measured and documented.
Here are some common examples of special damages:
Special damages are different from general damages, which are non-monetary damages awarded to compensate for pain, suffering, and emotional distress.
It’s important to note that each type of policy may include different types of specific damages.
At PSIC, we understand that accidents can have a significant financial impact. That’s why our standard policies, including Homeowners, Renters, Condo, and Motorcycle insurance, protect you against the liability claims that third parties might file against you.
We also offer optional endorsements that allow you to increase your coverage for medical expenses. This is particularly important if, for example, you frequently host parties or have a pool, as these activities can increase the risk of accidents.
In addition to medical expenses, we also cover lost wages as part of our identity theft rider. You can add this endorsement to your Homeowners, Renters, Condo, Mobile home, or Personal Liability insurance. If someone steals your personal information and you’re unable to work as a result, this coverage can help compensate for your lost income.
We believe in comprehensive protection, which is why our standard property policies include personal liability coverage. This means that if you or a family member accidentally causes damage to someone else’s property, we’ll cover the cost of repairs or replacement up to the policy limits.
At PSIC, we’re committed to providing you with the peace of mind that comes with knowing you’re protected. By offering a range of coverage options for special damages, we can help you create a policy that’s tailored to your specific needs and provides you with the financial security you deserve.
These terms might be similar or associated with the term you have read before.
At PSIC, we consider that they can be helpful for you.
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Copyright © McGraw Insurance Services, L.P., Delaware L.P., 5515 E. La Palma Ave. Ste. 150, Anaheim, CA 92807, License 0K06900 / National Producer No. 17486061 The insurance policy, not the contents of this website, forms the contract between the insured and the insurance company. The policy may contain limits, exclusions and limitations that are not detailed on this website. Coverage may differ by state.
Privacy Notice at Collection for CA employees
Last updated: June 27, 2023
We take the privacy of our employees and applicants very seriously. Please read this notice carefully as it contains important information on the personal information that we collect, why we collect it, how long we keep it, and that it is not sold to third parties.
Other terms used but not defined will have the meaning set forth in the CCPA, as amended by the CPRA, Cal. Civ. Code §§ 1798.100—1798.199.100, and accompanying regulations set forth under Cal. Code Regs. tit. 11, § 7000 et seq.
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When it is no longer necessary to retain your personal information, we will delete or anonymize it.