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  2. A railroad sidetrack agreement is an agreement between a railroad and a business in which the railroad agrees to build a siding on the property of the business, and the business will hold the railroad harmless for certain liability arising out of the use of the sidetrack.
    www.irmi.com/term/insurance-definitions/railroad-sidetrack-agreement
    www.irmi.com/term/insurance-definitions/railroad-sidetrack-agreement
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    What is a railroad sidetrack agreement?A railroad sidetrack agreement is an agreement between a railroad and a business in which the railroad agrees to build a siding on the property of the business, and the business will hold the railroad harmless for certain liability arising out of the use of the sidetrack.
    What are the provisions in a sidetrack agreement?The provisions in a sidetrack agreement limit the liability of the railroad company. Under a sidetrack agreement, a property owner agrees not to sue the railroad company for accidents, physical harm or property damage related to the sidetrack.
    What is a railroad sidetrack?The “sidetrack” refers to an expanse of railroad track that runs through the property owner’s land. Liability insurance protects the assets of a company, such as a railroad company, by paying insurance claims and legal expenses. The provisions in a sidetrack agreement limit the liability of the railroad company.
    What is a sidetrack liability agreement?This agreement plays a key role in determining liability for accidents on the sidetrack. A sidetrack is a rail line that branches off a railroad's main line. It's different from a siding, which is a stretch of track that runs parallel to the main line and is used to park cars or allow trains to pass each other on the same track.
     
  4. railroad sidetrack agreement - IRMI

     
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