What perils are goods in transit primarily subject to?

Study for the Certified Insurance Counselor Commercial Multiline Exam. Utilize interactive flashcards and multiple-choice questions, all with detailed explanations. Prepare thoroughly for your exam!

Goods in transit are exposed to a variety of risks as they move from one location to another. These risks can include fire and explosion, which can occur during transport due to various factors such as accidents or hazardous materials. Vandalism and spoilage can also affect goods while in transit, particularly for items that are sensitive or perishable. Additionally, theft and collision are significant risks; theft may occur during loading, unloading, or while goods are in transit, and collisions can happen on the road, potentially damaging or destroying the goods.

Given this broad spectrum of potential threats, it is accurate to say that goods in transit are primarily subject to a combination of these perils. Thus, all of the listed perils—fire and explosion, vandalism and spoilage, theft and collision—are relevant, leading to the conclusion that the comprehensive answer encompasses all these risks.

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