Registered Insurance Brokers of Ontario (RIBO) Practice Exam

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What type of coverage might be provided for a loss caused by lightning under typical circumstances?

Comprehensive coverage
No coverage
General liability coverage
Personal property coverage

The correct answer is: Comprehensive coverage

Comprehensive coverage is typically designed to protect against a range of risks that are not covered by standard collision insurance. This often includes losses caused by natural events such as lightning strikes. Under a standard homeowner's or tenant's policy, comprehensive coverage usually extends to damage from unexpected events, including lightning, which may damage the structure of the home or personal belongings inside it. Therefore, selecting comprehensive coverage as the type of insurance that might cover a loss caused by lightning is appropriate, as this type aims to provide broad protection against various hazards. Other types of coverage, such as general liability, primarily address personal injury or damage to others’ property, while personal property coverage is specifically focused on individual belongings but may not distinctly address specific hazards like lightning. Thus, comprehensive coverage is indeed the most logical choice for losses resulting from lightning under typical circumstances.