Other Than Life (OTL) Practice Exam 2025 – All-In-One Guide to Exam Success!

Property insurance is specifically designed to cover damages to property resulting from various risks, including natural disasters such as floods, earthquakes, hurricanes, and wildfires. This type of insurance helps property owners recover financially after their property is affected by these events, ensuring that they can repair or rebuild their homes or businesses.

While liability insurance protects against claims for damages or injuries to other people or their property, it does not directly cover damages to the policyholder’s own property. Casualty insurance is a broader category that can include various forms of insurance but is typically associated with liability rather than specific coverage for property damage from natural disasters. Health insurance, on the other hand, focuses on medical expenses and does not pertain to property coverage at all. Thus, property insurance is the most appropriate choice for protecting against damages from natural disasters.