Indemnities protect against 3rd party claims and there are a number of third party claims that can be made so you could potentially have an indemnity against each type of third party claim. Many companies use a combination of warranties and indemnities to provide protection against 3rd party cliams so most contracts include only 2 types of indemnities mentioned above.. There are three basic types of indemnities. The type of indemnity is determined by the language you use. A broad form indemnity provides coverage even if the indemnitee were negligent so it eliminates comparative negligence. If you have "hold harmless" in the indemnification language its a broad form indemnity. An intermediate form of indemnity requires the indemnitor to assume all of the risks associated, but not if the sole cause of risk is attributable to the indemnitee. A comparative fault indemnity would hold the indemnitor responsible only for the loss caused by the indemnitor, or to the extent caused by the indemnitor.
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