Under HO-8, theft of guests’ or residence employees’ property is covered only while the property is on the insured premises. Which option best describes this?

• A. On the insured premises
• B. Off premises
• C. Worldwide
• D. Not covered

Answer: (A)

The important point is that HO-8 limits coverage for the theft of guests’ or residence employees’ personal property to when that property is at the insured location. In this form, theft of others’ belongings is not covered if it occurs off the premises, so the only time such theft is insurable is while the property is on the insured premises. This reflects HO-8’s more restricted, on-site coverage design and helps explain why the correct description is that the coverage applies on the insured premises. If the property is away from home, the policy wouldn’t provide theft coverage for it.