Which type of insurance typically protects businesses against losses due to theft?

Prepare for the Mississippi Adjuster License Exam. Study with comprehensive flashcards and multiple choice questions, each equipped with hints and explanations to ensure exam readiness!

Property Insurance is designed specifically to protect businesses from losses related to their physical assets, including damage or loss due to theft. This type of insurance covers a business's buildings, equipment, inventory, and other property that could be at risk. In the case of theft, property insurance would help the business recover financially by covering the value of the stolen items.

General Liability Insurance, on the other hand, focuses on protecting businesses from claims related to bodily injury or property damage to third parties, not losses due to theft. Business Interruption Insurance is aimed at reimbursing lost income when a business is unable to operate due to covered events, but it does not directly address theft of property. Workers' Compensation Insurance covers medical expenses and lost wages for employees who are injured on the job, and it does not provide any coverage for theft-related incidents. Thus, Property Insurance is the most appropriate choice for protecting against losses due to theft.

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