What typically indicates a loss attributed solely to an insured's location?

The choice that indicates a loss attributed solely to an insured's location is location hazard. This term refers to risks that are directly connected to the geographical position of a property or asset, suggesting that certain areas may be more susceptible to specific types of losses. For example, farms located in flood-prone areas or regions with a history of drought are subject to unique risks that can lead to crop failures or increased insurance claims.

Understanding location hazard is crucial as it directly impacts insurance premiums and coverage terms. Insurers evaluate location hazards to assess potential risks and make informed decisions about the types and extent of coverage offered to policyholders based on their specific situations.

In contrast, risk variance generally pertains to the statistical variation in potential losses across different categories or segments, which isn't solely dependent on location. Price adjustment involves modifications in insurance premiums based on various factors but does not pinpoint loss causation connected to location specifically. Equitable treatment relates to ensuring fairness in how entities are treated within the insurance framework, which again does not focus specifically on location-related losses. Therefore, location hazard is the most relevant indicator of losses that can be directly attributed to where the insured is situated.