Question

The U. S. President declared a federal disaster due to wild fires in California. Helen lives in the affected area and lost her home in the fires. Clark who lives in Iowa drove his car into a lake. Juan's house in Missouri burned to the ground. Who can claim a casualty loss?

A. All of them

B. Only Helen

C. Helen and Juan

D. Helen and Clark

Answer 1

• A Casualty loss can result from destruction, damage or loss of the property from any unexpected, unusual or sudden events.
• These events can include earthquakes, floods, fires, accidents, etc.
• Correct Answer is Option ‘C’ Helen and Juan can claim Casualty loss.
• Clark cannot do so because the nature of his ‘accident’ sounds like negligible act on his part, that has been excluded from the ‘accidents’ that can be considered for casualty loss.
• Helen and Juan can claim as their property got damaged due to factors outside their reach to control.