What's the difference between direct and indirect damage?
Direct losses refer to the physical or structural impact caused by the disaster such as the destruction of infrastructure caused by the force of high winds, flooding or ground shaking. Indirect effects are the subsequent or secondary results of the initial destruction, such as business interruption losses.
What is indirect damage called?
In addition to the compensatory damage, an owner can also seek for consequential damages (sometimes referred to as "indirect" or "special" damages), which include loss of product and loss of profit or revenue.
Is there a difference between indirect and consequential damages?
Indirect Damage Loss — loss resulting from direct damage to property—for example, income and expense loss resulting from inability to use damaged property.
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[PDF] Indirect loss – a discussion note - Anderson Law LLP
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[PDF] INDIRECT AND CONSEQUENTIAL LOSS CLAUSES UND ER
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[PDF] Just what is “indirect or consequential loss”? - 'classic' AustLII
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[PDF] Direct and Indirect Loss Under “Catch-22” in the Nordic Law of Sales
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[PDF] Notes on the notion of indirect responsability in tort
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[PDF] Understand the differences between compensatory and punitive
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[PDF] INDIRECT DAMAGE IN COMPOSITE MATERIALS DUE TO
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[PDF] Indirect flood impacts and cascade risk across interdependent linear
Indirect flood impacts and cascade risk across interdependent linear nhess copernicus org/preprints/nhess-2020-371/nhess-2020-371 pdf 14 nov 2020 Flooding can damage CIs directly (when impacts are due to the physical contact with floodwaters i e direct impacts) and
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