Which of the following is considered a peril in property insurance?

In property insurance, a peril is defined as a specific risk or cause of loss that can result in damage to insured property. The correct answer identifies fire, theft, and windstorm as perils because they are direct threats that can cause physical damage to property.

Fire is one of the most commonly recognized perils in property insurance, as it can lead to significant destruction of buildings and personal property. Theft is also classified as a peril because it involves the unlawful taking of someone else's property, leading to financial loss. Windstorm, which encompasses damage caused by strong winds, is another clear example of a hazard that property insurance is designed to protect against, especially in areas prone to such weather events.

The other choices do not fit the definition of perils within the context of property insurance. Cyberattacks, while they can cause financial loss, are generally regarded as a risk under cybersecurity insurance rather than property insurance. Market fluctuations are related to economic changes and do not directly cause physical damage to property. Personal injury claims pertain more to liability insurance, which addresses legal responsibilities for injuries to others, rather than covering loss or damage to property itself.