What coverage would best protect an individual who runs a home business from property damage claims?

The best option for protecting an individual who runs a home business from property damage claims is business personal property coverage. This type of insurance specifically covers the tangible assets that are utilized in a business, such as equipment, inventory, and office furniture. It is designed to safeguard against losses due to events like theft, fire, or other catastrophic damage that could threaten the business's physical assets.

While personal liability and homeowners liability cover different aspects of personal and property injury to others, they do not extend to the specific risks associated with business operations and personal property used in those operations. Inland marine coverage generally pertains to moved goods or equipment while in transit or the storage of goods outside of traditional premises and would not be comprehensive enough for protecting a business run from home. Thus, business personal property coverage is tailored to address the unique risks faced by home-based entrepreneurs, making it the most suitable choice.