The damage caused by a "Falling Object" will only be insured if the "Falling Object"?

The correct choice highlights that coverage for damage caused by a "Falling Object" applies specifically when the object strikes the exterior of the building. This stipulation is important because many insurance policies delineate the circumstances under which coverage is active, and damage must directly affect the insured structure.

When the policy states that the "Falling Object" must strike the exterior of the building, it sets a clear condition for coverage. This means that the damage needs to occur to the physical structure of the property itself rather than to other aspects such as personal belongings inside or ancillary structures. The intended focus is on protecting the integrity of the building.

In contrast, options that mention only the object falling from an aircraft, or striking the building without specifying "exterior," or specifically hitting personal property veer away from the direct application of the key coverage clause. They may introduce additional complexities or exceptions that do not align with the straightforward direction of the policy's coverage. Therefore, understanding this specific condition is crucial for determining when the policy applies to incidents involving falling objects.