During a storm, lightning strikes a tree causing $23,000 in damages. Which BOP coverage would pay for the extraction of the tree?

Debris removal coverage is specifically designed to cover the costs associated with the removal of debris resulting from a covered cause of loss, such as a lightning strike in this scenario. When a tree is damaged or destroyed by a peril covered in a Businessowners Policy (BOP), the associated costs to remove the debris, in this case, the tree, are eligible for coverage under this provision. This aspect of the policy ensures that businesses can manage the aftermath of property damage and maintain a safe environment.

Extra expense coverage focuses on the additional costs incurred to continue business operations while the business is being restored after a loss. Liability coverage protects against claims made by third parties for bodily injury or property damage for which the business is legally responsible. On the other hand, business interruption coverage compensates for lost income during the time a business is unable to operate due to a direct physical loss. While all these coverages are important in a BOP, they do not specifically address the costs related to the extraction and removal of debris like debris removal coverage does.