Cost of Repair
/ˈkɒst əv rɪˈpɛər/
Definitions
- (n.) The total expense incurred to restore damaged property to its original condition.
The insurance policy covers the cost of repair for any damages caused by the accident.
Forms
- cost of repair
- costs of repair
Related terms
See also
Commentary
The term typically appears in property and insurance law contexts; drafters should specify whether exclusion or limitation applies to repair costs.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.