Which type of commercial policy would likely cover damage from tornadoes?

Prepare for the CIC Commercial Property Exam. Utilize our flashcards and multiple choice questions, each with hints and explanations to enhance your understanding. Boost your confidence for the real exam!

The Special Form policy is the correct choice because it provides coverage for all risks of physical loss or damage to covered property, except for those specifically excluded in the policy. Tornado damage is not typically excluded, making this form ideal for comprehensive protection against such natural disasters.

In contrast, the Basic and Broad Form policies offer more limited coverage. The Basic Form generally covers only specific named perils, while the Broad Form includes a broader list of perils but still maintains certain exclusions that might not account for tornadoes. The Limited Form often applies to more specific scenarios or lower risk properties, making it inadequate for comprehensive protection against severe weather events like tornadoes. Therefore, the Special Form is best suited for ensuring coverage against the extensive and variable damages that a tornado can cause.

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