How is an accident defined in insurance terms?

In insurance terms, an accident is defined as a sudden event that occurs at a specific time and place, which aligns with the typical understanding of risk and liability in insurance contracts. This definition emphasizes the unexpected nature of the incident; it is something that the insured could not foresee or plan for, which is crucial in determining coverage.

When an event is considered "sudden," it highlights the immediate impact it has, which can lead to damage or loss of property. Additionally, specifying a "definite time and place" allows insurers to analyze and assess the circumstances surrounding the event more accurately, which can significantly influence claims processing and the determination of liability.

Other options refer to concepts that don't fit the traditional insurance definition of an accident. An unexpected event at an unspecified time suggests a lack of specificity that is not typically utilized in insurance. A planned event implies foreknowledge and accepted risk by the insured, which would generally not be covered. A gradual occurrence lacks the sudden nature that insurance policies often require to establish a valid claim.