Farms, businesses, and ranches are ineligible for coverage under which policy form?

The homeowners policy is designed primarily to protect residential property and personal belongings within a home. It typically covers risks associated with the dwelling, such as fire, theft, and certain types of liability specific to personal property and not commercial activities. As farms, businesses, and ranches are essentially commercial enterprises, they do not fit within the scope of coverage that homeowners policies provide.

Commercial policies, on the other hand, are tailored for businesses and cover a wide range of commercial activities, including farms and ranches, making them more suitable for such entities. Renter’s policies are intended for individuals who lease their living spaces and protect personal belongings, while auto policies pertain specifically to vehicles, neither of which would apply to the coverage needed for farms or ranches. Thus, the homeowners policy is clearly the correct choice for ineligibility regarding coverage for farms, businesses, and ranches.