Meaning Of The Word Knock-for-knock agreement

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Knock-for-knock agreement Meaning

Knock-for-knock agreement Definition
Knock-for-knock agreement Definition

What's The Definition Of Knock-for-knock agreement?

knock-for-knock agreement in British English
noun: an agreement between vehicle insurers that in the event of an accident each will pay for the damage to the vehicle insured with them without attempting to establish blame for the accident

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