Which coverage typically provides the highest limit for an insured's rentals?

The homeowner policy is designed to provide comprehensive coverage for personal property, which typically includes various items kept at the insured's residence. Among the options presented, homeowner policies generally offer the highest limits for personal property, which encompasses rentals that the insured might have in their home. This is especially true for policies that cover personal liability and additional living expenses in the event that the home is uninhabitable due to a covered loss.

In contrast, the personal property floater primarily provides coverage for high-value personal items that need extra protection but may not necessarily cover rental property to the same extent. The DP-3 form (Dwelling Property policy) focuses on residential properties but usually has lower limits and does not address personal liability as comprehensively as a homeowner policy. Meanwhile, a commercial liability policy is tailored for businesses and covers risks associated with commercial operations rather than personal property coverage for individuals. Thus, the homeowner policy stands out in providing the most robust rental limits for insured parties.