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Jimmy has a dwelling policy for his rented house and stores personal watercraft in the garage. One evening while he was attending a workshop, someone
Jimmy has a dwelling policy for his rented house and stores personal watercraft in the garage. One evening while he was attending a workshop, someone broke into the garage and damaged the personal watercraft. What coverage will Jimmy have on his dwelling policy for this damage? A) Coverage will be limited to $500 on a dwelling policy B) And unlimited level of coverage for the watercraft, subject to replacement cost C) The same $1500 watercraft coverage that is provided by a standard HO policy D) There will be no coverage for this loss provided on a dwelling policy form
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