Three types of property are covered under the Building and Personal Property coverage form. They are:

Three types of property are covered under the Building and Personal Property coverage form. They are:

• A. Building; Business Personal Property; Personal Property of Others
• B. Building; Your Personal Property; Detached structures
• C. Building; Personal Property; Personal Property of Others
• D. Building; Your Business Personal Property; Your Personal Property

Answer: (A)

In the Building and Personal Property Coverage Form, property is divided into three categories: the building itself, the insured’s own personal property used in the business, and personal property of others that’s in the insured’s care, custody, or control. The best answer names these three exactly: Building; Business Personal Property; Personal Property of Others. This aligns with how the form separates items like the structure, the business’s equipment and inventory, and customers’ or third parties’ property on the premises. The other options mix up terms (for example, using a vague “Personal Property” or trying to treat detached structures as a separate category), which doesn’t reflect the standard three-category framework.

In the Building and Personal Property Coverage Form, property is divided into three categories: the building itself, the insured’s own personal property used in the business, and personal property of others that’s in the insured’s care, custody, or control. The best answer names these three exactly: Building; Business Personal Property; Personal Property of Others. This aligns with how the form separates items like the structure, the business’s equipment and inventory, and customers’ or third parties’ property on the premises. The other options mix up terms (for example, using a vague “Personal Property” or trying to treat detached structures as a separate category), which doesn’t reflect the standard three-category framework.