Homeowners InsuranceQuestion 148 of 215
Standard homeowners forms place special internal sublimits on certain classes of personal property. Which of the following is typically subject to such a sublimit?
a.Kitchen appliances
b.Living room furniture
c.Clothing
d.Jewelry, watches, and furs lost by theft
Explanation
The standard HO forms cap loss-by-theft on jewelry, watches, furs, and precious stones at a low special limit (commonly $1,500). Similar special limits apply to firearms theft, silverware theft, money, securities, and certain business property. Insureds who own valuable items above the sublimit should add a scheduled personal property endorsement (inland marine floater) to provide full coverage and avoid these sublimits.
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