South Carolina Personal Lines Practice Exam

What does Coverage B in an HO policy cover?

1. Personal property

2. Other structures

3. Loss of use

4. Dwelling and attached structures

The correct answer is: Other structures

Coverage B in a homeowners policy specifically pertains to "Other Structures." This coverage is designed to protect structures on the insured property that are not attached to the main dwelling. Examples of such structures include garages, sheds, fences, and gazebos. This coverage is crucial because it extends financial protection against risks such as theft, vandalism, and specific perils outlined in the policy, similar to how the dwelling and attached structures are covered under Coverage A. Thus, having Coverage B ensures that the homeowner is covered for potential damages to these additional structures on their property.