M. Schnoll & Son v. Standard Accident Insurance Company

[The policy under consideration covers liability for property damage in the following language: "To pay on behalf of the insured
all sums which the insured shall become obligated to pay by reason of the liability imposed upon him by law for damages because
of injury to or destruction of property, including the loss of use thereof, caused by accident and arising out of any of the
hazards hereinafter defined with respect to which insurance is afforded as provided in the declarations".