Fire,theft,and windstorm damage are examples of
A)perils.
B)hazards.
C)miscellaneous mishaps.
D)liabilities.

Question

Quizplus · Accepted Answer

Fire, theft, and windstorm damage are all examples of perils. A peril is an event or cause of damage or loss, such as a fire, theft, or storm. Hazards refer to conditions that increase the likelihood of a peril occurring, miscellaneous mishaps are unpredictable accidents that may or may not be covered by insurance, and liabilities refer to legal obligations and responsibilities.

Fire,theft,and Windstorm Damage Are Examples of