What is the sublimit for jewelry, watches, furs, and gems under Coverage C?

What is the sublimit for jewelry, watches, furs, and gems under Coverage C?

• A. $1,000
• B. $1,500
• C. $2,000
• D. $2,500

Answer: (B)

Under Coverage C, there is a built-in cap for specific high-value personal property like jewelry, watches, furs, and gems. This sublimit is $1,500, meaning losses to those items are paid up to $1,500 total under Coverage C, even if the overall personal property limit would allow more. This keeps protection for common, portable items affordable while allowing higher coverage if you schedule the items with the insurer through a personal property endorsement. Scheduling enables higher limits and options like replacement cost or agreed value. The sublimit exists to manage risk and premiums for these categories of items.

Under Coverage C, there is a built-in cap for specific high-value personal property like jewelry, watches, furs, and gems. This sublimit is $1,500, meaning losses to those items are paid up to $1,500 total under Coverage C, even if the overall personal property limit would allow more. This keeps protection for common, portable items affordable while allowing higher coverage if you schedule the items with the insurer through a personal property endorsement. Scheduling enables higher limits and options like replacement cost or agreed value. The sublimit exists to manage risk and premiums for these categories of items.