Which of the following statements about the personal property coverage

Which of the following statements about the personal property coverage (Coverage C) of the Homeowners 3 policy is (are) true?

I. There are special limits of liability that apply to certain types of personal property.
II. The full amount of coverage applies only if the property is permanently located at any residence of the insured.
A) I only
B) II only
C) both I and II
D) neither I nor II

ANSWER

Answer: C