Which of the following statements about covered perils under the personal property coverage (Coverage C) of the Homeowners 3 policy is true?
A) Theft losses to boats and watercraft are covered only if they occur at the insured's residence.
B) Damage from an explosion is covered only if the explosion is the result of fire or lightning.
C) Property damage from vehicles is covered only if it is caused by the insured.
D) Smoke damage is covered only if it arises from agricultural or industrial operations.

Question

Quizplus · Accepted Answer

Theft losses to boats and watercraft under Coverage C of the Homeowners 3 policy are typically covered only if they occur at the insured's residence, as there are limitations on coverage for theft of these items away from the premises.

Which of the Following Statements About Covered Perils Under the Personal