What does Both-to-Blame Clause mean? Read on to discover the definition & meaning of the term Both-to-Blame Clause - to help you better understand the language used in insurance policies.
A both-to-blame clause is a clause in an ocean marine insurance contract that states that, due to their negligence, both parties involved must pay for losses when two ships collide at sea. This can include the owners as well as the shippers of the vessels involved in the accident.
We hope the you have a better understanding of the meaning of Both-to-Blame Clause.