All of the following are examples of direct property losses EXCEPT
A)the theft of a person's jewelry.
B)the destruction of a firm's manufacturing plant by an earthquake.
C)the cost of renting a substitute vehicle while a collision-damaged car is being repaired.
D)the vandalism of a person's automobile.

Question

Quizplus · Accepted Answer

The cost of renting a substitute vehicle while a collision-damaged car is being repaired is considered an indirect loss because it is a consequence of the direct property loss (collision-damaged car). The other choices are all examples of direct property losses.

All of the Following Are Examples of Direct Property Losses