Which component of a homeowner’s policy covers personal property within the home?

Personal property coverage is specifically designed to protect an insured's belongings within the home, including items like furniture, clothing, and electronics. This component of a homeowner's policy provides coverage for personal items in the event of damage or loss due to covered perils, such as theft, fire, or vandalism.

In contrast, personal liability coverage focuses on the policyholder's legal responsibility for injuries or damages caused to others, making it unrelated to the protection of personal belongings. Dwelling coverage pertains to the structural aspects of the home itself, covering the physical building and any attached structures but not personal property within it. Loss of use coverage provides compensation for additional living expenses if the home is uninhabitable due to a covered loss, but it does not relate to personal property.

Thus, personal property coverage is the correct answer as it directly addresses the protection of the insured's personal belongings within the home.