Gencon Contracting has a blanket contractors equipment policy. If Gencon acquires some new equipment, what kind of coverage is probably provided on this equipment?

a. No coverage is provided until the new equipment is added to the policy schedule. 

b. The newly acquired equipment provision assures up to $10,000 of coverage on the new equipment. 

c. The newly acquired equipment provision extends temporary automatic coverage to newly acquired equipment for a specified number of days from the date of acquisition. 

d. Blanket contractors equipment policies typically exclude new equipment