A collision clause is a provision in a contract or insurance policy that addresses the liability and responsibility of parties involved in a collision or accident. It typically outlines the procedures and obligations of each party in the event of a collision, including reporting requirements, investigation procedures, and potential consequences for non-compliance. The collision clause aims to establish a clear framework for resolving disputes and determining liability in the event of a collision.
A collision clause is a provision in a contract that outlines the responsibilities and liabilities of the parties involved in the event of a collision or accident.
A collision clause should be included in contracts where there is a risk of collision or accident, such as in transportation or shipping contracts.
A collision clause typically covers the allocation of liability, insurance requirements, and procedures for handling claims in the event of a collision.
Yes, parties can negotiate the terms of a collision clause to allocate liability and responsibilities in a way that is mutually agreeable.
If a contract does not have a collision clause, the parties may be subject to general legal principles of liability and insurance, which may not adequately address the specific risks and responsibilities related to a collision.
Yes, a collision clause can be enforced in court if it is clear, unambiguous, and does not violate any laws or public policy.
Yes, parties can agree to amend a collision clause after a contract is signed, as long as both parties consent to the changes.
There may be legal requirements for collision clauses in certain industries or jurisdictions, so it is important to consult with a legal professional to ensure compliance.
To ensure that a collision clause is fair and reasonable, it is important to carefully review and negotiate the terms with the other party and seek legal advice if necessary.
This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.
This glossary post was last updated: 5th April 2024.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
- Page URL:https://dlssolicitors.com/define/collision-clause/
- Modern Language Association (MLA):Collision Clause. dlssolicitors.com. DLS Solicitors. May 09 2024 https://dlssolicitors.com/define/collision-clause/.
- Chicago Manual of Style (CMS):Collision Clause. dlssolicitors.com. DLS Solicitors. https://dlssolicitors.com/define/collision-clause/ (accessed: May 09 2024).
- American Psychological Association (APA):Collision Clause. dlssolicitors.com. Retrieved May 09 2024, from dlssolicitors.com website: https://dlssolicitors.com/define/collision-clause/
Our team of professionals are based in Alderley Edge, Cheshire. We offer clear, specialist legal advice in all matters relating to Family Law, Wills, Trusts, Probate, Lasting Power of Attorney and Court of Protection.
All author posts