Question

Which of the following personal property items is covered under a TDP-3 policy?

1) Jewelry
2) Electronics
3) Furniture
4) Clothing

Answer 1

Under a TDP-3 policy, personal property like furniture and clothing are typically covered. However, for jewelry and electronics, which are also listed, coverage might be limited and may require additional endorsements.

Step-by-step explanation:

The TDP-3 policy, often referred to as a tenant's policy or renter's insurance, typically covers personal property against specific perils such as fire, theft, and vandalism. Among the items listed - jewelry, electronics, furniture, and clothing - a TDP-3 policy generally provides coverage for furniture and clothing as personal belongings. However, there might be limited coverage for jewelry and electronics based on the policy's specific terms, often requiring additional coverage through policy endorsements or riders for complete protection.