Respuesta :

Justin78906

Answer:

The answer is C. Liability

Explanation:

  • Liability insurance (also called third-party insurance) is a part of the general insurance system of risk financing to protect the purchaser (the "insured") from the risks of liabilities imposed by lawsuits and similar claims and protects the insured if the purchaser is sued for claims that come within the coverage of the insurance policy

The correct option is C. Homeowners insurance covers damage, loss, and Liability.

Homes insurance offers protection for you, your house, and your possessions from several unforeseen disasters. The four main coverage categories in a conventional policy are liability, personal property, other structures, and residence.

Which is not insured by property insurance?

Property insurance policies typically do not cover damage from a range of occurrences, such as floods, tsunamis, drain, and sewage backups, seeping groundwater, standing water, and damage from several other sources of water. Damage from earthquakes and mold are typically not covered.

Homeowners' insurance policies often cover theft, loss, and damage to a home's interior and exterior, as well as personal liability for harm to others and the destruction of property. There are three fundamental types of coverage: replacement cost, actual cash value, and extended replacement cost/value.

In the event of damage, a typical homeowners insurance policy will pay for the replacement or repair of your house and its contents.

Learn more about Homeowners insurance here:

https://brainly.com/question/1973043

#SPJ5

Otras preguntas