What is a key feature of personal property coverage B in an HO-B policy?

A key feature of personal property coverage B in a homeowners insurance policy, specifically the HO-B form, is that it covers personal property against theft even when the property is away from the residence. This means that if personal items, such as a laptop or jewelry, are stolen while in a public place or while traveling, the insured can still file a claim for the loss. This aspect of the coverage provides peace of mind, recognizing that insured individuals may carry valuable possessions away from home and can be at risk of theft.

The coverage in an HO-B policy is designed to offer a broad range of protection for personal belongings, ensuring that policyholders are not disadvantaged simply because an item was not at their primary residence when it was stolen. In addition, this feature encourages policyholders to maintain and protect their personal property, knowing they have added security against potential theft in various settings.