Which of the following is an exclusion on Coverage C?

Coverage C in homeowners insurance, which pertains to personal property, does indeed have certain exclusions. One significant exclusion is property that is insured elsewhere. This means that if a homeowner has a specific item covered under another policy, such as a separate policy for valuable items or a renters insurance policy, then that item will not be covered under Coverage C of the homeowners insurance.

This exclusion is important as it prevents the homeowner from receiving payment for an item that is already covered by another policy, thereby avoiding double coverage. It encourages homeowners to ensure that they are not over-insuring their possessions and helps manage risk for insurers.

Other options like bicycles and sports equipment, cash and home improvement materials, or household appliances may have specific conditions under which they are covered, but they do not represent a blanket exclusion like insured property elsewhere does. Thus, understanding this concept is crucial for homeowners to fully comprehend the terms and limitations of their insurance policies.