If the insured owns a watch valued at $10,000, full coverage can be provided on a homeowners policy by purchasing scheduled personal property endorsement.
Adding a special personal property endorsement to your homeowner policy can help protect your property in these situations. A warranty is an extension of the covered hazards to the contents of your home. Our standard policy covers only the specifically stated causes of damage.
personal property endorsement is supplemental insurance that extends protection beyond the standard protection provided by homeowners insurance. By purchasing time-limited personal property insurance, owners can fully cover expensive items such as jewelry in the event of damage.
Learn more about personal property endorsement here: https://brainly.com/question/857496
#SPJ4
