Final answer:
Scheduled personal property refers to additional coverage for valuable items which may not be fully covered under a standard homeowner's or renter's insurance policy. The correct option is b.
Step-by-step explanation:
When discussing scheduled personal property, it typically refers to additional coverage under a homeowner's or renter's insurance policy that provides protection for valuable items that are not fully covered under the standard policy. Scheduled personal property would include items such as jewelry, furs, firearms, cameras, etc.
This coverage is important because these items may exceed the regular policy limits or may not be covered at all due to their higher risk of theft or loss.
So, the correct option is b. Jewelry, furs, firearms, cameras, etc. Contrary to options such as the building, which is the main structure covered under the policy, personal possessions that are typically covered under the standard policy without scheduling, and autos and trailers which are usually covered under a different type of insurance. Scheduled items generally have their value appraised and specifically listed (or scheduled) on the policy.