Which item would require a separate policy or endorsement in addition to a homeowners policy?

Jewelry and furs over $2,000 in value require a separate policy or endorsement because standard homeowners policies usually limit coverage for valuable personal property, such as jewelry and high-value items. Often, these policies impose specific sub-limits for items like jewelry, art, and furs. If the value exceeds this limit, it is essential to obtain additional coverage through an endorsement or a separate policy to ensure adequate protection against loss or damage.

Other coverage types, such as personal liability and coverage for an outbuilding, typically fall within the standard provisions of a homeowners policy, while personal property temporarily removed often has coverage included in the homeowners policy, albeit with specific limitations. Therefore, focusing on high-value personal belongings like jewelry and furs is crucial for ensuring they are fully covered.