What type of endorsement might be added to a homeowner’s policy to cover specific high-value items?

The scheduled personal property endorsement is the ideal choice for homeowners looking to cover specific high-value items. This endorsement allows policyholders to add certain valuables, such as jewelry, fine art, and collectibles, to their homeowner’s insurance policy at a specified amount. These items are often excluded or have limited coverage under standard homeowner policies, which usually impose caps on payouts for personal property.

By adding a scheduled personal property endorsement, the insured can ensure full coverage for these items, often at replacement cost, eliminating the concerns about depreciation that could affect the value of the item in a standard policy. This tailored coverage gives homeowners peace of mind by providing specific, comprehensive protection for their most valuable possessions.

The other options typically do not provide that focused protection for high-value items. Named peril endorsements cover losses only from specific risks named in the policy rather than allowing tailored valuation. Broad form endorsements expand coverage under general terms but still may not specifically address high-value individual items. Special coverage endorsements usually refer to broader coverage categories without the fine detail that a scheduled personal property endorsement provides.