Which of the following is NOT covered under property insurance?

Property insurance is designed to cover damages or losses to physical assets, such as real estate or personal possessions, due to various risks like fire, theft, or natural disasters. In this context, company vehicles are distinct from property insurance because they fall under auto insurance. Auto insurance specifically addresses risks associated with vehicle use and ownership, which underlines why a company vehicle is not covered by property insurance.

Homeowners personal liability typically falls under a broader homeowners insurance policy, which may include provisions for damages caused by the policyholder to others. Fire damage and stolen personal property are both risks directly associated with property insurance, as they pertain to physical assets protected against loss or destruction. Thus, identifying a company vehicle as the option not covered by property insurance is appropriate, highlighting the separation between property assets and automotive insurance needs.