Coverage C covers unscheduled personal property owned by or used by the insured property owner.
Coverage C Qualification
The term "unscheduled" is used to describe personal property in a homeowners insurance policy because it refers to items that are not individually listed or itemized within the policy. Instead of being specifically scheduled or named with individual coverage limits, unscheduled personal property is covered under a general blanket limit based on a percentage of the dwelling coverage. This approach simplifies coverage for numerous common items such as clothing, furniture, and electronics, without requiring the policyholder to list each item separately.
Coverage C generally covers personal property anywhere in the world, rather than only within the confines of the insured residential property. Personal property located outside the residence premises is covered up to 10% of the Coverage A amount. This provision is designed for situations such as losses incurred while traveling or on vacation. However, other locations owned or rented by the policyholder require their own separate policies for adequate coverage.
Coverage Requirements
Personal property owned by others can also be covered, but only if the insured specifically requests it and one of the following conditions is met:
