Rob Bateman, the owner of a small business, bought a basic fire insurance cover to insure his business against losses caused by accidental fires. Bateman's fire insurance policy can additionally be supplemented by a(n) _____ as an insurance against explosion, smoke damage, and windstorms.

Question

Quizplus · Accepted Answer

An extended-coverage endorsement can provide additional coverage for perils such as explosion, smoke damage, and windstorms. Professional liability insurance, fidelity bond, and surety bond are not related to coverage for these specific perils.

Rob Bateman, the Owner of a Small Business, Bought a Basic