What does the transit extension of the crop hail policy NOT cover?

The transit extension of a crop hail policy focuses on covering losses that occur while crops are in transit, but it does have specific limitations regarding the distance from the harvester. The correct choice indicates that losses occurring more than 50 miles from the harvester are not covered. This is an important stipulation because it establishes a defined geographic limit for transit coverage, making it clear that losses occurring at greater distances fall outside the policy's protections.

Losses due to theft, fire, and adverse weather conditions typically fall under other coverages or general provisions of crop insurance, but in this case, they are likely covered within the terms of the transit extension as long as the loss occurs within the specified range. Thus, option B accurately reflects a limitation of the coverage, which is crucial for policyholders to understand to properly assess their risks while their crops are being transported.