What type of policy covers the loss or theft of personal property outside of the home?

The type of policy that specifically covers the loss or theft of personal property outside of the home is contents insurance. This type of insurance usually provides coverage for personal belongings, regardless of their location, which means that if items are lost, stolen, or damaged while you are away from your residence, you can claim for those losses under this policy.

Contents insurance ensures that your personal items, such as electronics, jewelry, or clothing, are protected when you're outside of your home, which is a critical aspect for individuals who frequently travel or engage in activities away from their primary residence.

Homeowners insurance typically covers the structure of the home and personal belongings within it but may have limitations on off-premises coverage. Renters insurance similarly covers personal property but might also have specific limitations related to off-premises losses. Travel insurance offers protection primarily related to travel-related incidents such as trip cancellations or medical emergencies while traveling, and while it may offer some personal property coverage, it does not focus on the general loss or theft of personal items outside the home like contents insurance does.