Which of the following types of insurance typically includes commercial property coverage?

Prepare for the Guidewire Business Analyst Test. Leverage flashcards and multiple-choice questions, each accompanied by explanations and hints. Ace your exam!

Commercial package insurance is designed specifically for businesses and offers a variety of coverages that can include commercial property coverage as part of the policy. This type of insurance typically bundles several different types of insurance into a single package, allowing businesses to customize their coverage according to their specific needs. This includes protection for physical business assets such as buildings, equipment, and inventory against risks like fire, theft, and other potential losses.

Workers compensation insurance primarily covers employee injuries and does not include property coverage. General liability insurance protects against claims of bodily injury and property damage caused by the business, but it does not cover the business's own property. Personal auto insurance is focused on personal vehicles and is not applicable to commercial property needs. Thus, commercial package insurance stands out as the most comprehensive option that specifically encompasses commercial property coverage.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy