What endorsement provides full coverage for a watch valued at $10,000 on a homeowner’s policy?

The scheduled personal property endorsement specifically allows homeowners to insure higher-value items, like a watch valued at $10,000, for their full value. This endorsement is particularly beneficial for personal items that exceed the standard coverage limits set by a typical homeowners policy.

With this endorsement, each item listed is covered individually for its full appraised value, granting homeowners peace of mind that their valuable personal property is adequately protected. It addresses the need for specific high-value items that might otherwise be subject to lower limits under the standard policy.

The other options do provide varying levels of coverage, but they do not offer the same level of tailored protection for high-value items as the scheduled personal property endorsement does. For example, the personal property replacement cost endorsement enhances coverage but does not specifically focus on individual high-value items, while special limits of liability endorsement sets caps on certain types of personal property, and a blanket personal property endorsement typically covers multiple items without specifying full values for high-value items.