What type of property insurance offers coverage of $100,000 for a building and $50,000 for personal property at one location?

Specific coverage refers to a type of property insurance that provides a defined sum insured for specific items or properties. In this context, the coverage of $100,000 for a building and $50,000 for personal property at a particular location indicates a precise amount allocated for each type of property covered. This is characteristic of specific coverage since it clearly delineates coverage limits without variability based on other factors.

Broad coverage generally encompasses a wider array of risks but does not limit the amount specifically to the stated values for particular items. Comprehensive coverage expands on this further, usually covering very exhaustive lists of risks or exposures, which goes beyond just two specific amounts. Actual cash value coverage focuses on reimbursement based on the depreciated value of the property rather than fixed amounts, which does not align with the stated coverage limits.

This distinction makes specific coverage the appropriate answer, as it aligns perfectly with the explicit coverage limits mentioned for both the structure and personal property.