Under what condition can broad theft coverage be added to a dwelling policy?

Broad theft coverage can be added to a dwelling policy specifically when the insured is an owner-occupant of the dwelling. This coverage is designed to protect individuals who live in and maintain the property, allowing them to secure protection against theft of personal property.

Owner-occupants have a vested interest in the dwelling and its contents since they reside there, making it logical for insurers to offer this added protection. This coverage responds to the higher risks that come with living in the home, and it typically covers theft not only of household goods but also items that belong to others if they are in the insured's care.

Other conditions mentioned, such as being a tenant or having a pet, do not meet the requirements for adding broad theft coverage. Tenants typically are covered under renters insurance, which is equipped to handle personal property theft, while pet ownership does not directly relate to the need for or eligibility of theft coverage in a dwelling policy. Additionally, having additional coverage doesn't inherently qualify one for broad theft coverage without the primary condition of being an owner-occupant being met.