Which of the following types of coverage protects a carrier for liability regarding lost cargo during transport?

Cargo insurance specifically protects carriers and shippers against the risk of loss or damage to goods while they are being transported. This type of insurance covers the value of the cargo being transported, ensuring that the carrier is financially protected in the event that cargo is lost, stolen, or damaged during transit. It is crucial for businesses involved in shipping and logistics, as it helps manage the risks associated with transporting goods, which can include anything from natural disasters to accidents.

In contrast, general liability insurance provides broader protection for a business against claims of bodily injury or property damage but does not specifically cover cargo during transportation. Property insurance primarily covers tangible assets owned by a business, such as buildings or equipment, and does not extend to goods being transported. Commercial auto insurance focuses on vehicles used for business purposes and may offer some coverage for cargo; however, it is not specifically designed to address the unique risks associated with the loss or damage of cargo itself during transport. Therefore, cargo insurance is the most appropriate coverage for protecting against liability for lost cargo during transport.