What does homeowners insurance cover?

Of course, the ability to repair or replace your home is foremost in homeowners coverage. But it also covers the items you value that aren’t permanently attached to your home or your property. Like, for instance?

The sky is not the policy limit

Homeowners policies have maximum limits the company will pay for loss to specified types of property (these limits can vary among companies). What’s on a typical “special limits” list?

• Money, bank notes, coins

• Business property

• Watercraft including trailers, furnishings, and equipment

• Trailers (other than boat trailers)

• Firearms (applies to theft only)

• Silverware and goldware (applies to theft only)

• Rugs, tapestries (theft only)