What is the maximum amount Craig will receive from his HO-3 policy for a claim covering $18,500 in stolen cabin contents?

In an HO-3 homeowners insurance policy, personal property is typically covered for its replacement cost, up to the limits specified in the policy. Given that Craig is claiming $18,500 for stolen cabin contents, he would be entitled to receive this full amount as long as it does not exceed the policy's coverage limit for personal property.

The maximum coverage for personal property in an HO-3 policy is generally indicated within the policy terms. Assuming Craig has not opted for any limits or exclusions, he is eligible to receive the full $18,500 claimed for the stolen items. Thus, the answer reflects the policy's intention to provide adequate coverage for personal belongings under normal circumstances.

In scenarios where the other amounts were options, they would typically represent limitations that might apply under certain conditions, such as specific caps on certain types of personal property or deductibles that affect the payout. However, given the specifics of this question and the reasoning behind it, the correct answer is that Craig will receive the full $18,500 from his policy.