Property insurance covers losses from fires, accidents, or theft.

Question

Quizplus · Accepted Answer

Property insurance is designed to protect against losses from a variety of perils, including fires, accidents, and theft. It provides financial compensation to policyholders in the event that their covered property is damaged or destroyed by one of these covered causes. Some property insurance policies may also include coverage for other types of losses, such as natural disasters or acts of vandalism.

Property Insurance Covers Losses from Fires, Accidents, or Theft