Which of the following is NOT typically covered by a standard homeowner's policy?

Home-based business property is not typically covered by a standard homeowner's policy because such policies are designed primarily to protect personal property and liability associated with the residential use of the home. Standard policies focus on covering risks related to the dwelling, personal belongings, and liability for injuries occurring on the property. When a business operates from home, the risks and types of coverage required often exceed what a standard homeowner's policy provides.

Businesses usually need specialized insurance to adequately cover their equipment, inventory, and liability associated with business operations. This is due to the higher risks and potential for greater liability that businesses face compared to personal residential use. Consequently, those who run businesses from their homes are encouraged to obtain a business owner's policy or endorsements to cover their home-based business activities specifically.