The insured owns a 20-foot fishing boat with a 50-horsepower motor. Which of the following policies would be best suited to cover a theft loss on a lake?

Insurance

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The insured owns a 20-foot fishing boat with a 50-horsepower motor. Which of the following policies would be best suited to cover a theft loss on a lake?

Homeowner policy

Personal article floater

Boatowners policy

Yacht policy

Answer: Boatowners policy

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