Final answer:
C. hail damage to the roof of a car. Insurable risks are those that can be covered by insurance policies. Hail damage to the roof of a car is an example of an insurable risk, while wear and tear on a valuable oriental rug and theft of a paperback book are not typically considered insurable risks.
Step-by-step explanation:
Insurable risks are those that can be covered by insurance policies. Insurance is a form of risk management in which an individual or entity transfers their risk to an insurance company in exchange for payment of premiums. The purpose of insurance is to protect against financial loss in the event of specified risks.
Based on the options provided, option C, hail damage to the roof of a car, is an insurable risk. This type of damage can be covered by comprehensive auto insurance policies.
Options A and B, wear and tear on a valuable oriental rug and theft of a paperback book, respectively, are not typically considered insurable risks. Wear and tear on personal belongings and theft of low-value items are generally not covered by insurance policies. These types of risks are typically considered to be within the control of the individual and are not considered to pose a significant financial loss.
Therefore, the correct answer is option C, hail damage to the roof of a car.