Property loss risk is generally easier to estimate than liability loss risk.

Name: Property loss risk is generally easier to estimate than liability loss risk.
Brand: Quizplus
Rating: 5.0 (47 reviews)

Question

Quizplus · Accepted Answer

Property loss risk can be estimated based on factors such as the value of the property, location, and potential exposure to peril. Liability loss risk, on the other hand, depends on factors such as the behavior of individuals, legal regulations, and unpredictable events, which makes it harder to estimate.

Property Loss Risk Is Generally Easier to Estimate Than Liability