Points are a one-time charge by at closing.

4. a1. vince owns a television repair shop that is insured undera commercial package policy. the policy includes thebuilding and personal property coverage form and thecauses-of-loss broad form. the declarations page indicatesthat coverage applies to both the building and the namedinsured's business property. explain whether or not thefollowing losses would be covered under his policy.a. a fire occurs on the premises, and the building isbadly damaged.b. a burglar steals some money and securities from anunlocked safe.c. a business computer is damaged by vandals whobreak into the shop after business hours.d. a tornado touches down near the store. several tel-evision sets of customers in the shop for repair aredamaged in the storm.til