What type of insurance covers loss due to theft, fire, and other damage?

The correct answer is structure coverage, which specifically refers to a type of insurance designed to protect physical assets from various risks such as theft, fire, and other forms of damage. Structure coverage typically includes protection for the building itself, including the materials that make up the structure and any permanent fixtures. This coverage is crucial for safeguarding property against unexpected incidents that could lead to significant financial loss.

In contrast, group practice refers more to a business model for healthcare providers rather than an insurance product. General liability insurance covers a broader range of liabilities, focusing on bodily injury or property damage that can occur in a business environment but does not specifically address the coverage of physical assets from theft or fire. Risk management is a proactive approach to identifying, assessing, and minimizing risks, but it does not constitute actual insurance coverage for losses. Therefore, structure coverage is the most appropriate choice for insuring against specific property damages.