Saturday, January 24, 2009

Homeowners Policy Limits on Valuables

Homeowners Policy Limits on Valuables

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Did you know in a standard homeowners policy, coverage limits for jewelry, furs, watches, and related items is only $1,000 combined? These and other limits are in place to encourage homeowners to buy additional coverage for valuable and hard to replace items.

Additional coverage can be purchased through a Personal Articles Form or other additional applicable policy.

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Examples of Items That May Have Limited Coverage Under Your Homeowners Policy:

  • Money
  • Valuable Papers and Securities
  • Boats
  • Trailers
  • Business Use Property
  • Silverware
  • Firearms
  • Jewelry (including furs, watches, and related items)

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