Why was Veronica’s Builder's Risk Coverage Form terminated?

The correct answer highlights the termination of Veronica's Builder's Risk Coverage Form due to her moving the business without the intent to return. Builder's Risk coverage is specifically designed to protect buildings under construction. If the insured has moved the business away from the construction site and shows no intention of returning, it creates a situation where the coverage is no longer applicable, as the purpose of the policy is to insure the construction activities at a specified location.

In contrast, other choices focus on factors like the construction being incomplete, unpaid premiums, or changes in property use. While these factors can influence the status of an insurance policy, they do not specifically address the scenario where moving a business affects the insurance's relevance. The key element for termination in this situation is the physical relocation without the intent to resume operations at the original site, which directly undermines the policy’s purpose.