What provision defines the geographic scope of coverage in a property insurance policy?

The provision that defines the geographic scope of coverage in a property insurance policy is the Policy Territory. This section explicitly outlines the areas where the policy will provide coverage, ensuring that both the insurer and the insured have a clear understanding of where the policy applies.

For instance, a property insurance policy may specify that coverage is applicable only within the United States, or it might include or exclude certain states or territories. This delineation is crucial for determining losses or damages that may or may not be covered based on location. Knowing the Policy Territory helps policyholders assess the suitability of their coverage in relation to their property's location.

The other provisions mentioned are important in their own right but do not serve this specific purpose. The Exclusion Clause lists conditions or losses not covered by the policy. Coverage Limits set the maximum amount the insurer will pay for a covered loss, while an Endorsement Provision modifies the original terms of the policy, including adding or altering coverage. However, none of these directly define where coverage applies as effectively as the Policy Territory does.