Georgia Property & Casualty Practice Exam

Which type of personal property is not covered by a homeowners policy?

1. the insured's Labrador Retriever

2. the insured's bicycle

3. the insured's computer

4. the insured's golf clubs

The correct answer is: the insured's Labrador Retriever

Homeowners insurance policies typically cover a wide range of personal property, but there are specific exclusions and limitations regarding certain types of items. Personal property coverage generally includes items like bicycles, computers, and golf clubs. However, pets, such as a Labrador Retriever, are considered personal property under state law but are not covered by homeowners insurance policies. One key reason that pets are excluded is that they are living beings with their own unique risks, liabilities, and responsibilities that differ from inanimate personal property. Homeowners policies are primarily designed to protect against damage or loss to tangible personal property, while pet ownership comes with specific liability considerations, such as bodily injury or property damage caused by the pet. Consequently, pet-related issues may fall under a different type of insurance, such as liability coverage or pet insurance, rather than standard homeowners coverage. Understanding this distinction is critical, as it underscores the importance of reviewing policy details regarding coverage limits and exclusions to ensure all valuable items, including pets, are adequately covered.