Which loss would not be covered in full under an HO 3 policy without special endorsements?

The theft of a $10,000 gun collection would not be fully covered under a standard HO 3 policy due to the specific limitations and exclusions associated with high-value items. While the HO 3 policy provides coverage for personal property, it typically includes limits on certain categories of items. Collections such as firearms, jewelry, and other valuable personal property are subject to these restrictions, and may require additional coverage or endorsements to ensure they are fully protected.

In contrast, fire damage to the home is generally covered under an HO 3 policy, as it provides broad protection for dwelling structures against a range of perils, including fire. Liability for an accident, if it occurs on the insured's property or because of the insured's activities, is also covered under the general liability portion of the policy. Additionally, weather-related damage, such as wind or hail, can be covered under an HO 3 policy, depending on the circumstances and specific weather events. Therefore, while the policy offers significant protection for the home and liability, high-value personal property like the gun collection requires special consideration to be fully insured.