Which type of loss does Coverage B refer to within the TWIA policies?

Coverage B within TWIA policies specifically refers to losses that occur off-premises. This type of coverage typically encompasses situations where insured property experiences damage or loss away from the covered location, which aligns with standard insurance definitions regarding off-premises risks. For instance, if a policyholder has personal property that is temporarily located somewhere other than their primary residence—such as at a friend’s house or in a storage facility—Coverage B would be relevant to claims made for those items.

Understanding this specific coverage is crucial for adjusters when evaluating claims, as it helps in determining whether the circumstances of the loss are covered under the policy. The distinction between on-premises and off-premises coverage is important in the insurance context, as it guides policyholders and adjusters alike in terms of expectations regarding coverage for various scenarios.