Florida Insurance Claims Adjuster License Practice Exam

Safe Depository coverage includes which perils?

1. Natural disasters only

2. Burglary and theft

3. Burglary, robbery, destruction or damage

4. Fire and flood only

The correct answer is: Burglary, robbery, destruction or damage

Safe Depository coverage includes burglary, robbery, destruction or damage. This is because Safe Depository coverage is meant to protect valuable items stored in a bank or vault. Option A is incorrect because natural disasters, such as floods and earthquakes, are not typically covered by Safe Depository coverage since they are not caused by human actions. Option B is incorrect because it only covers burglary and theft, but not other possible perils such as destruction or damage. Option D is also incorrect because it only covers fire and flood, but not other possible perils such as burglary and robbery. Therefore, option C is the most inclusive and accurate choice.