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The Homeowners Comprehensive policy typically covers a range of property damage scenarios, but there are specific exclusions that apply under certain circumstances. In this context, coverage is excluded for property that is rented from an establishment that specializes in renting equipment. This exclusion makes sense because the insurance is designed to protect your personal property and its inherent risks, but it generally does not extend to property that is not owned by the insured if that property is intended for commercial use or rental purposes.

When property is rented from a business, it often falls under the responsibility of the rental company, which would have its own insurance coverage. This is why voluntary property damage to rented equipment is not covered in a standard homeowners insurance policy.

The other scenarios, such as property being owned by the insured, located outside the home, or undergoing renovations, may still fall within the bounds of the homeowner's policy coverage, albeit with some limitations, depending on the specifics of the policy and the circumstances. However, renting from an establishment specifically de-emphasizes the homeowner's liability in favor of the rental company's responsibility.