When a homeowner's policy is issued with $150,000 coverage on a dwelling, what is the automatic amount of insurance on personal property?

In a typical homeowner's insurance policy, the automatic amount of insurance for personal property is often set as a percentage of the dwelling coverage. Most policies generally allow for personal property coverage to be a fixed percentage, commonly around 50% to 75% of the dwelling coverage.

In this scenario, with $150,000 coverage on the dwelling, if we consider the automatic insurance amount for personal property to be 50%, it would yield $75,000. This aligns with standard practice in many homeowner policies where personal property protection is typically set in relation to the amount of the dwelling coverage.

Thus, $75,000 represents a common automatic amount for personal property in relation to the value of the dwelling, making it the correct answer in this context. The other options do not correspond to the standard percentages used in homeowner policies for personal property coverage related to a dwelling’s value.