Question

Stan owns ABC Mattress Supply. During a storm, lightning strikes a large tree, causing it to fall through the front of his building, resulting in $23,000 in damages. Which coverage in a BOP would pay for the extraction of the tree from Stan's store?

A. Liability coverage
B. Debris removal coverage!!!!!!!
C. Business interruption coverage
D. Extra expense coverage

Answer 1

Debris removal coverage in a BOP would pay for the extraction of the tree from Stan's store.

Step-by-step explanation:

Debris removal coverage in a BOP (Business Owners Policy) would pay for the extraction of the tree from Stan's store. Debris removal coverage is designed to cover the costs associated with removing debris from a covered loss event, such as a fallen tree. In this case, the $23,000 in damages caused by the fallen tree would be covered by the debris removal coverage.