Some organizations choose to continue operating following property damage, but they are able to do so only by incurring additional costs known as:
A)preventative losses.
B)dependent losses.
C)contingent business interruption losses.
D)extra expense losses.
E)facultative losses.

Question

Quizplus · Accepted Answer

Extra expense losses refer to the additional costs incurred by an organization to continue operations after property damage, such as renting temporary facilities or equipment.

Some Organizations Choose to Continue Operating Following Property Damage, but They