What types of physical damage coverage are available under a business automobile policy (BAP)?

The correct choice encompasses the broad range of physical damage coverage provided under a business automobile policy (BAP). When dealing with business vehicles, the policy typically includes collision coverage, which pays for damage to a vehicle resulting from a collision with another vehicle or object, and comprehensive coverage, which addresses various non-collision-related damages, such as theft, vandalism, or natural disasters.

Furthermore, specified perils coverage, while less common in modern practices, allows coverage for certain specifically listed risks. By including collision, comprehensive, and specified perils, the chosen answer reflects a full overview of the physical damage protections generally available within a BAP.

Other options do not encompass the complete set of coverages typically provided under a BAP. For instance, collision and liability focus on only two aspects, omitting the comprehensive and specified perils coverage. Comprehensive and specified perils neglect the inclusion of collision coverage, rendering the answer incomplete. Third-party liability and uninsured motorist coverage are related to protection against claims by others and do not pertain to damage to the insured vehicle itself. Hence, the comprehensive inclusion of all three coverages — collision, comprehensive, and specified perils — is why the selected answer is the most accurate.