West Virginia Property and Casualty Licensing Practice Exam

Which of the following is NOT included in Coverage B?

1. Other structures

2. Dwelling

3. Personal property

4. Fair rental value

The correct answer is: Personal property

Coverage B of a property insurance policy, typically refers to "Other Structures." This coverage generally insures structures that are not attached to the main dwelling on the property. Examples include detached garages, sheds, and fences. In this context, a dwelling refers to the primary structure where people live, which is typically covered under Coverage A. Personal property, while essential to homeowners insurance, falls under a separate category and is not part of Coverage B. Similarly, fair rental value relates to coverage for loss of income from renting out part of the dwelling; this generally would fall under Coverage D, which is often designated for loss of use or fair rental value. Thus, personal property is not included in Coverage B and is why it is the correct response to the question. Understanding the different coverage sections in a homeowners policy is crucial as it helps in accurately assessing what each part covers and ensures that insured individuals have the right protections in place for their assets.