Which type of property typically requires special coverage riders?

High-value items like jewelry or art typically require special coverage riders due to their increased worth and specific risks associated with them. Standard homeowners insurance may include a basic level of coverage for personal property, but this often caps coverage limits for valuable possessions. For example, while a standard policy might cover personal property up to a particular amount, items such as jewelry or fine art could exceed these limits and may be vulnerable to theft, loss, or damage that standard policies do not adequately cover.

Special coverage riders, also known as endorsements, allow homeowners to add extra protection for these high-value items. This can include specific coverage types such as "scheduled personal property," which gives full replacement cost value for the listed items without deductibles or limitations that might apply elsewhere in the policy. This tailored coverage ensures that the owner is adequately protected against potential losses that could significantly impact their financial situation.

In contrast, standard home items like furniture generally fall under typical coverage limits of homeowners policies without the need for separate riders. Automobiles and motorcycles typically have their own specific insurance policies rather than being included in home insurance. Landscaping and outdoor structures may also fall under general property coverage, but they don't usually require the same level of specialized coverage as high-value items.