What does Disparagement of Goods mean? Read on to discover the definition & meaning of the term Disparagement of Goods - to help you better understand the language used in insurance policies.
Disparagement of Goods
An untrue or misleading statement about a competitor's goods made with the purpose of inducing consumers not to buy the product. Under some nonstandard general liability coverage forms, disparagement of goods is a specifically defined personal injury (PI) offense.
We hope the you have a better understanding of the meaning of Disparagement of Goods.