The general liability policy excludes property that you own, rent, borrow, or property that is in your control. This exclusion exists because if you do have property that fits this description, there are separate property policies that are available to insure such exposures.
What type of property does the general liability cover? An example would be a patron whose clothes are damaged when he trips and falls over an exposed sound cable you have improperly laid for your event. Because this property (his clothing) was not owned, rented, or borrowed by you, or in your care at the time of the damage, the general liability policy would pay for the damages to these items.
An exception to this exclusion is Damage To Rented Premises Liability which is included in most, but not all, general liability policies.« Back to Glossary Index