Which of the following would be covered under property insurance in an H03 policy?

The coverage provided under an H03 policy, which is a standard homeowners insurance policy, includes various types of property loss and damage. The correct answer indicates that theft of jewelry up to $1500 is covered under property insurance in an H03 policy. This is because H03 policies typically include coverage for personal property that is stolen, and there is a sublimit for items like jewelry, which often have specific dollar limits due to their high value and risk of theft.

When it comes to the other responses, while they are related to insurance coverage, the nuances distinguish them from the coverage clearly outlined for personal property theft. The loss of use of the premises is addressed by additional coverages or endorsements and isn't specifically classified under property insurance per se. Damage to the roof may be covered; however, it depends on the circumstances, such as the cause of the damage, which may fall under other types of coverage like dwelling coverage rather than personal property. Lastly, replacement cost of personal property refers to how the settlement is calculated but does not specify a particular loss category in the context of property insurance. Thus, jewelry theft operates distinctly within the defined guidelines of property coverage limits.