Which of the following is a common coverage under a standard homeowners insurance policy?

Personal property coverage is a fundamental component of a standard homeowners insurance policy. This coverage protects the personal belongings of the homeowner, such as furniture, electronics, clothing, and other personal items, in the event of risks like theft, fire, or vandalism. It is essential for homeowners to have this coverage to safeguard their possessions and ensure they are financially protected against potential losses.

On the other hand, business liability coverage typically pertains to commercial insurance policies and is not standard in a homeowners policy, which is designed for residential use. Flood coverage often requires a separate policy, as typical homeowners insurance does not cover flood damage. Similarly, commercial property coverage is applicable to properties used for business purposes and does not fall under the scope of a standard homeowners insurance policy. Thus, personal property coverage stands out as an integral aspect of homeowners insurance.