How is "property damage" defined for insurance claims in Ohio?

In the context of insurance claims in Ohio, "property damage" is defined as physical harm to tangible property. This definition encompasses damage that negatively affects the structure, condition, or functionality of physical items or real estate. For insurance purposes, tangible property refers to items that have a physical presence, such as buildings, vehicles, equipment, and personal belongings.

Understanding this definition is essential because it clarifies the scope of coverage under property insurance policies. Insurers typically cover damages incurred as a result of accidents, natural disasters, or other unforeseen events that lead to the physical impairment of an insured person's property.

The other options do not align with the legal definition recognized in insurance contexts. Loss of income, legal fees related to property disputes, and loss of ownership pertain to different aspects of property-related claims but do not constitute "property damage" as it is specifically understood in insurance law.