Property and Casualty Insurance Practice Exam

Which additional perils are covered under the Broad Form of Commercial Property Insurance?

1. Falling objects and weight of snow

2. Fire and explosion

3. Windstorm and civil commotion

4. Vandalism and sprinkler leakage

The correct answer is: Falling objects and weight of snow

The correct answer highlights the specific additional perils included in the Broad Form of Commercial Property Insurance, which is designed to offer a more extensive range of coverage compared to basic forms. The Broad Form typically covers perils that encompass more diverse risks or scenarios that could lead to property damage. Falling objects and the weight of snow are both significant risks that can cause severe damage to commercial properties. This inclusion means that if a heavy object falls onto the property or excessive snow accumulation leads to structural failure, the insurer would cover the damages resulting from these perils. This level of protection is particularly relevant for businesses in areas prone to severe weather conditions or those with certain structural designs susceptible to these risks. Other choices, such as fire and explosion, windstorm and civil commotion, and vandalism and sprinkler leakage, represent perils that may have varying degrees of coverage under different forms of property insurance. However, they are typically covered by other forms of insurance or might not be classified as additional perils specifically under the Broad Form. For example, fire and explosion coverage is often included in standard policies rather than cited as an additional peril. Hence, the additional perils in the Broad Form truly reflect unique risks like falling objects and weight of snow, making the correct choice