All the following are direct losses except: A) a car is stolen B) a house suffers flood damage C) an apartment must be rented after a house is destroyed by fire D) a business loses $100,000 in a law suit

Question

Quizplus · Accepted Answer

Direct losses refer to the immediate damage or loss of property, such as theft (A), flood damage (B), or financial loss due to a lawsuit (D). Renting an apartment (C) is an indirect loss, as it is a consequence of the direct loss (house destroyed by fire), not the immediate damage itself.

All the Following Are Direct Losses except