Which of the following is NOT covered by the homeowners policy?

A homeowners insurance policy is designed to protect the policyholder's personal residence and its contents against various risks. This generally includes coverage for personal belongings, such as furniture and clothing, providing financial protection against events like theft, damage, or loss. Additionally, it often includes coverage for detached buildings like garages or sheds, serving to protect structures on the property that are not physically attached to the main dwelling. Liability protection is another vital component, ensuring coverage for legal liabilities arising from accidents or injuries that occur on the property, which helps safeguard the homeowner's financial interests.

In contrast, commercial business activities are not typically covered under a standard homeowners insurance policy. This is because homeowners insurance is specifically tailored for residential premises and personal property, not for conducting business operations. Businesses usually require specialized insurance policies that can adequately cover commercial risks, including liability and property damage associated with business activities.