Idaho Property and Casualty Practice Exam 2025 - Free Practice Questions and Study Guide

Question: 1 / 400

The Commercial Property policy applies a limit of what dollar amount for business personal property temporarily away from the premises?

$10,000

In a Commercial Property policy, the limit for business personal property temporarily away from the premises is typically set at $10,000. This coverage allows businesses to protect their personal property when it is not located at their main business location, such as when items are in transit or stored at a temporary location, like a trade show or a job site.

Understanding this limit is important for businesses to ensure they have adequate coverage. If the value of the business personal property temporarily away from the premises exceeds this limit, additional coverage would need to be considered, such as a dedicated endorsement or a separate policy, to ensure that the property is fully protected while away from the premises.

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$2,500

$15,000

$5,000

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