How many families can the Building and Personal Property Coverage Form cover for rental properties?

The Building and Personal Property Coverage Form is designed to cover various types of properties, including residential rental properties. A key aspect of this coverage is that it can extend to buildings that house multiple families. Specifically, the form accommodates properties that operate as multifamily dwellings, which can include apartment buildings or other housing structures that host more than four families. This means that the coverage provided is versatile enough to serve complex housing arrangements, making it suitable for landlords and property managers overseeing larger rental operations.

In contrast, options focusing on a limited number of families or only single-family units do not align with the comprehensive coverage intent of this form. Moreover, the option referring specifically to commercial units is also not applicable, as the Building and Personal Property Coverage Form includes provisions specifically designed for residential rental properties alongside commercial coverage, expanding the scope of potential property management situations significantly.