What type of property does Coverage C under the BPP specifically cover?

Coverage C under the Businessowners Policy (BPP) specifically addresses the personal property of others that is in the insured's custody. This coverage is designed to protect businesses that might hold or possess other people's property, such as equipment, inventory, or personal belongings, while they are temporarily located on the business's premises or are under the business’s control.

This provides critical protection for businesses, especially those that operate in service industries like repair shops, dry cleaners, or storage facilities, where they routinely handle clients' property. The coverage for personal property of others is essential as it helps mitigate potential losses or liability that may arise from damage occurring to that property while it is in the business's custody.

The other options, while relevant to different aspects of commercial insurance, do not accurately reflect the focus of Coverage C. For example, property owned by the insured pertains more to Coverage A, which covers the insured's building and personal property. Tenant improvements normally fall under specific lease agreements and are not directly included within Coverage C. Commercial buildings themselves are covered under a different section, typically associated with Coverage A for the building itself, rather than for the personal property of others in custody.