If Renee's personal property at her secondary residence is destroyed, how much of the loss will be covered by her HO-3 policy?

An HO-3 policy, which is the most common homeowners insurance policy, provides coverage for personal property; however, it is specifically designed for the insured’s primary residence. When it comes to a secondary residence, standard coverage limitations apply. Typically, the personal property coverage limit for secondary homes is capped at a certain percentage or dollar amount, which can vary based on the policy provisions.

In this case, if Renee's personal property at her secondary residence is destroyed, the maximum amount covered under her HO-3 policy aligns with the standard coverage for personal property in a secondary residence. The correct answer of $10,000 signifies that this amount represents the coverage limit specifically defined within the policy for personal property losses occurring at a secondary residence. This understanding is essential for homeowners to avoid being underinsured for potential losses.