How much will a Homeowners Policy pay for securities, accounts, deeds, manuscripts, passports, tickets, and stamps?

How much will a Homeowners Policy pay for securities, accounts, deeds, manuscripts, passports, tickets, and stamps?

• A. $1,000
• B. $1,200
• C. $1,500
• D. $1,800

Answer: (C)

A Homeowners Policy generally covers personal property, but it also has specific limits for certain categories of valuable items. In this case, the correct answer reflects the standard maximum coverage provided by most Homeowners Policies for items such as securities, accounts, deeds, manuscripts, passports, tickets, and stamps. This limit is set at $1,500. This coverage limit is important for policyholders to understand, as it highlights the need for additional endorsements or scheduled personal property coverage if they own valuable items that exceed this limit or want more comprehensive protection. Knowing these specifics can help homeowners adequately assess their insurance needs and ensure they have the right level of protection for their valuables.

A Homeowners Policy generally covers personal property, but it also has specific limits for certain categories of valuable items. In this case, the correct answer reflects the standard maximum coverage provided by most Homeowners Policies for items such as securities, accounts, deeds, manuscripts, passports, tickets, and stamps. This limit is set at $1,500.

This coverage limit is important for policyholders to understand, as it highlights the need for additional endorsements or scheduled personal property coverage if they own valuable items that exceed this limit or want more comprehensive protection. Knowing these specifics can help homeowners adequately assess their insurance needs and ensure they have the right level of protection for their valuables.