knock-for-knock agreement中文什么意思

互撞免赔协议

• knock:    vt. 1.敲，打，击；敲掉，去掉。 ...
• agreement:    n. 1.一致，同意。 2.契约；协 ...
• knock for knock agreement:    各自负责协议

百科释义

A knock-for-knock agreement is an agreement between two insurance companies whereby, when both companies' policy-holders incur losses in the same insured event (usually a motor accident), each insurer pays the losses sustained by its own policy-holder regardless of who was responsible.