What type of risks does "property insurance" cover?

Property insurance is designed specifically to provide coverage for risks associated with tangible assets or property. This includes protection against various forms of loss or damage to property that an individual or business might own. Coverage can extend to risks such as theft, damage due to fire or vandalism, and destruction from unforeseen events. The primary focus is to protect physical belongings rather than liabilities or health-related issues.

Personal liability, natural disasters, and health risks, while important in their own right, do not fall under the umbrella of property insurance. Personal liability pertains to legal responsibilities for harm caused to others, while natural disasters such as floods and earthquakes often require specialized insurance (like flood insurance) that may not be included in standard property insurance policies. Health-related risks are covered under health insurance, not property insurance. Therefore, recognizing the primary focus of property insurance on safeguarding against risks to property clearly makes the second choice the correct answer.