Which type of losses does Refrigerated Property Coverage address?

Refrigerated Property Coverage specifically addresses losses that occur to perishable items and refrigerated property when there is a mechanical failure of the refrigeration unit. This type of coverage is designed to protect against the risk of spoilage or waste due to the failure of refrigeration equipment, which is particularly important for businesses that handle food or pharmaceuticals that require specific temperature controls to maintain their viability.

This coverage is critical for situations where items must remain at certain temperatures to prevent loss, and their integrity is compromised solely due to the malfunctioning of the refrigeration system. It can also include scenarios like power outages affecting refrigerated items, provided the policy covers such risks.

In contrast, the other options target different aspects of property coverage. For instance, losses from transportation or coverage related to utility costs don't directly relate to the mechanics of refrigeration failure. Additionally, coverage for property lost outside the home would generally pertain to broader property coverage, rather than specifically addressing the refrigeration aspect and its inherent risks. Thus, the focus of Refrigerated Property Coverage on mechanical failures distinctly identifies it as the correct choice here.