How much does Coverage C Limited Property provide for money, gold, or silver?

Coverage C in a standard homeowners insurance policy, which pertains to personal property, establishes specific limits on certain categories of high-value items. For money, gold, and silver, the limit set by the policy is typically $200. This means that if a policyholder experiences a loss involving these specific types of property, they will only be reimbursed up to $200, regardless of the total value of the lost items.

This limitation reflects the insurance industry's approach to managing risk for high-value assets that are easier to steal or less likely to be kept in a secure location. Understanding this coverage limit is crucial for homeowners, as it can inform their decisions about additional coverage options or endorsements to protect their valuable possessions more adequately.