Which of the following is NOT a component of Commercial Property coverage?

The choice of liability as the answer is based on the fact that it is not a component of Commercial Property coverage. Commercial Property insurance typically covers physical assets associated with a business, which includes the building where operations are conducted, the stock of goods that the business holds, and the equipment used in the business operations.

Liability coverage, on the other hand, falls under a different category of insurance, known as liability insurance, which protects a business against claims resulting from injuries and damage to people or property that occur as a result of the business operations. In essence, while Commercial Property coverage aims to protect tangible assets, liability coverage addresses the business’s responsibility for harm caused to others. Hence, liability is not included as a part of Commercial Property coverage.