Amy has an HO-6 policy with a $50,000 limit on coverage C. Which of the following would be fully covered under her policy?

The correct choice identifies that the laptop worth $2,000 would be fully covered under Amy's HO-6 policy. An HO-6, or condominium insurance policy, typically provides coverage for personal property owned by the insured. Coverage C, which is the personal property coverage section, generally includes business property, but this is only if the equipment is used for business purposes and not primarily for business, provided the business doesn’t generate more than a certain income threshold.

In this situation, Amy's laptop is crucial because it falls within the policy's stipulations for personal property. Although it is utilized for business purposes, it is not excluded from personal property coverage, assuming it meets the guidelines of the policy. Thus, it is fully covered within the policy limits.

The other scenarios involve situations that would not be fully covered. For instance, the value of cash is typically excluded from personal property coverage under such policies, as cash is often not covered for theft or loss under standard homeowners or condo policies. High-value items such as the $15,000 watch may also face limitations or require special endorsements above a certain dollar threshold for theft coverage. Similarly, the fishing boat’s damage might exceed the personal property coverage or face limitations since boats often require separate coverage not included