Question

ABC Trucking owns a nice vacation house in the country, to which they regularly bring high-ticket clients as a benefit for staying loyal to them. They would like to purchase a policy to insure the property from things like fire, windstorm damage, or vandalism. What policy type could ABC Trucking purchase to cover the property?

A. Homeowners policy
B. Standard Fire policy
C. Dwelling policy
D. Commercial Liability policy

Answer 1

ABC Trucking could purchase a Dwelling policy to cover the property.

Step-by-step explanation:

The policy type that ABC Trucking could purchase to cover the property is a Dwelling policy. A dwelling policy is a type of insurance that specifically covers residential properties that are not occupied by the owner. Since the vacation house is owned by ABC Trucking and is used to host high-ticket clients, a dwelling policy would be the appropriate choice.