knock-for-knock agreements

A form of knock-for-knock agreement — An arrangement between multiple insurance companies in which each company pays the losses incurred by its own policyholders in an event, regardless of who was at fault (now rarely used outside of motor insurance).

Meanings

noun
Cite this entry
APA

knock-for-knock agreements. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/knock-for-knock%20agreements

MLA

“knock-for-knock agreements.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/knock-for-knock%20agreements. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “knock-for-knock agreements,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/knock-for-knock%20agreements.

Source: knock-for-knock agreements on Wiktionary, CC BY-SA 4.0.