South Carolina Personal Lines Practice Exam

Which situation would NOT typically be covered under a dwelling policy?

1. The theft of a valuable painting

2. Damage from a burst pipe

3. Accidental fire damage

4. Loss of renters' personal property

The correct answer is: Loss of renters' personal property

A dwelling policy is designed to provide coverage for the physical structure of a home and certain types of property damage, but it has limitations when it comes to personal property. The situation where a loss of renters' personal property occurs would typically not be covered under a standard dwelling policy. This type of policy usually covers only the structure itself and may include some other limited coverages, but it is not intended to cover the personal belongings of renters residing in the dwelling. Renters' personal property is usually covered under a renters insurance policy, which is specifically designed to protect individuals' personal belongings from risks like theft, damage, or loss. Since the dwelling policy does not extend to the personal property of tenants, the loss of renters' personal property would not fall within the coverage of the dwelling policy, making it the correct answer in this context.