Question

When a fire burns through The Chronicle newspaper company, it takes out two permanently-installed printing presses, three employees' personal laptops, five rolls of newspaper stock, and in a twist of irony, two fire extinguishers. Which of these would be covered by the Building & Personal Property form under Coverage C - Personal Property of Others?

A. The printing presses and fire extinguishers
B. The employees' personal laptops
C. The printing presses and newspaper stock
D. The rolls of newspaper stock

Answer 1

Under Coverage C - Personal Property of Others, the employees' personal laptops would be covered as they are in the care, custody, or control of The Chronicle newspaper company at the time of the fire.

Step-by-step explanation:

When a fire burns through The Chronicle newspaper company, the Building & Personal Property coverage form under Coverage C - Personal Property of Others would cover items that are not owned by the insured but are in the insured's care, custody, or control. In the scenario described, option B, the employees' personal laptops would be covered under this policy provision. It is because these are personal property of others (the employees) that are likely within the business premises for work-related purposes and therefore under the care, custody, or control of The Chronicle newspaper company when the fire occurred.