Which of the following losses would NOT be covered by a homeowners policy?

In a homeowners policy, certain items and situations are covered while others may not be, based on the policy's specific terms. The correct choice provides a scenario that typically would not be covered under standard homeowners insurance guidelines.

Homeowners insurance generally covers personal property losses for items within the insured dwelling or on the premises. However, personal property may be subject to limitations or exclusions based on its nature or usage. In this instance, a coin collection, particularly if it exceeds certain coverage limits for collectibles or specified types of personal property, might not fall under the homeowner's coverage. Many policies impose specific sub-limits on collectibles or unusual items, which can include jewelry, art, and coin collections, making their loss potentially uninsurable under standard terms.

The other examples illustrate covered losses typical in a broader range of homeowners policies. A utility trailer, a stolen silver tea set, and an outboard motor represent types of personal property that are often included within the coverage scope, barring specific exclusions relating to their use or inherent risks. Therefore, the fire loss of the coin collection is an example of coverage limitations inherent to certain personal property categories in homeowners insurance.