For the Property Off Premises extension, what locations are specifically excluded?

The Property Off Premises extension in commercial insurance typically provides coverage for personal property that is temporarily located away from the insured's premises, such as at a client's location or while in transit. However, it is crucial to understand that locations owned or operated by the insured are specifically excluded from this coverage.

This exclusion is in place because the premise coverage is generally intended to protect against risks associated with property being in transit or at third-party locations. If the property is on premises that are owned or operated by the insured, it falls under different types of coverage that may already be provided, such as the standard property coverage at the main business location. The rationale is to avoid overlaps in coverage and to ensure that different risks are appropriately categorized and insured under respective policies.

Other options such as off-site events or locations outside of the state can still be covered under certain conditions and are not automatically excluded. Therefore, the key factor here is recognizing that owned or operated locations lack the need for off-premises coverage given that they are under the direct control of the insured, thus clarifying why this particular exclusion is essential in the context of the Property Off Premises extension.