Which item is specifically covered under Bailee Coverage?

Bailee Coverage specifically protects against physical damage to personal property that is in the care, custody, or control of a bailee, which refers to a party that temporarily holds someone else's property. This type of insurance is designed for businesses that provide services involving other people's goods, such as dry cleaners, repair shops, or storage facilities. The coverage applies when the bailee is responsible for the property while it is in their possession, ensuring that they are protected against losses due to theft, damage, or destruction of that personal property.

In this context, the personal property of others, which is the correct answer, is what Bailee Coverage addresses because it focuses on the liability of the bailee regarding property that does not belong to them. This is crucial for businesses that rely on trust and responsibility over the belongings of their clients. Other options such as the personal property of the insured, damage to rental property, and business-related losses do not specifically fall under Bailee Coverage, as they pertain to different areas of insurance and liability that do not align with the specific purpose of Bailee Coverage.