Which of the following risks is eligible for coverage under a businessowners policy?

A condominium is eligible for coverage under a businessowners policy because it is classified as a commercial property. Businessowners policies, often referred to as BOPs, are designed for small to medium-sized businesses and provide a package of property and liability coverage. Condominiums, especially those that are operated as rentals or as part of a commercial venture, can be covered under this policy as they fit the criteria of a structure in which the owner may have a business interest.

In contrast, banks generally operate under different regulatory frameworks and require specialized coverage due to the nature of their operations. Automobile dealers also present unique exposures and circumstances, such as high-value inventory and specific liability issues that usually necessitate more tailored policies than a standard BOP offers. Bars or taverns can be seen as higher-risk establishments due to liquor liability and other factors, making them less likely to qualify for a typical businessowners policy without modifications. Thus, a condominium stands out as a suitable candidate for coverage under a businessowners policy.