What do property and casualty policies often include to affect third-party rights?

Property and casualty policies frequently incorporate provisions that specifically address the rights of third parties, which is crucial in defining how claims may be handled when an incident affects individuals or entities beyond the insured party. These insurer provisions can outline the obligations and rights of the insurer and insured, as well as clarify how coverage applies when third parties are involved. This is essential for maintaining clarity and ensuring that all parties understand their roles and responsibilities, which can include aspects such as defense duties or obligations to indemnify third parties.

In this context, the other aspects mentioned—exclusions, deductibles, and coverage limits—serve different purposes within a policy. Exclusions specify situations or conditions that are not covered, thereby limiting the circumstances under which benefits can be claimed. Deductibles represent the amount a policyholder must pay out of pocket before coverage kicks in, impacting the financial responsibility of the insured rather than third parties. Coverage limits define the maximum amount the insurer will pay under the policy but do not directly pertain to third-party rights. Therefore, the inclusion of insurer provisions is the most relevant aspect regarding how property and casualty policies affect third-party rights.