Property insurance is meant to protect property owners from two basic types of exposures,physical loss of property and loss through depreciation.

Name: Property insurance is meant to protect property owners from two basic types of exposures,physical loss of property and loss through depreciation.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Property insurance typically covers physical loss or damage to property, but not loss through depreciation, which is a decrease in value over time due to wear and tear or obsolescence.

Property Insurance Is Meant to Protect Property Owners from Two