Which section of a liability contract defines the insurance coverage provided?

The insuring agreement is the section of a liability contract that clearly defines the insurance coverage provided to the policyholder. This part of the contract outlines the specific risks that are covered, the types of losses that the insurer will compensate for, and the limits of that coverage. It serves as the core component of the insurance policy, detailing what the insurer is responsible for in the event of a claim.

In contrast, the other sections of the liability contract serve different purposes. Exclusions outline what is not covered by the policy, helping to clarify any limitations or exceptions to the coverage. The declarations section includes essential information about the policy, such as the insured's name, address, the type of coverage, and policy limits but does not specify the coverage details. Lastly, the conditions section outlines the duties and responsibilities of both the insurer and the insured, including how claims should be reported and other procedural aspects, rather than the specifics of coverage itself. Each of these sections plays a distinct role in the overall structure of the liability contract, but the insuring agreement is where the actual coverage is articulated.