An insured's Broad form HO 2 policy has a dwelling coverage limit of $100,000, a personal property coverage limit of $50,000, and includes a deductible of $250. What is the maximum amount the insurer will pay if a sailboat valued at $1,500 is stolen from the insured's premises?

Select one: a. $1,500 b. $0 c. $1,250 d. $1,000