What term refers to coverage for the cost of removing damaged property from a site of loss?

The correct term for coverage that addresses the cost of removing damaged property from a site of loss is debris removal. This coverage is essential in property insurance policies because, after a loss occurs, there may be a need to clear away debris to facilitate repairs or the rebuilding process.

Debris removal is specifically designed to help policyholders manage the additional expenses incurred from the cleanup process following a covered event, such as a fire or storm damage. This coverage ensures that the insured does not face a financial burden on top of the costs associated with repairing or replacing the damaged property itself.

In contrast, liability coverage pertains to the protection against claims resulting from injuries or damage to another person or their property. Property damage coverage is more about the protection of your own insured property against risks rather than focusing on the removal of debris. Risk management coverage, while an important concept in overall insurance strategy, does not specifically pertain to the removal of property and is more about identifying potential losses and minimizing their impact.

Therefore, the specificity of debris removal makes it the right term for the costs associated with clearing damaged property after a loss.