What is the special limit per occurrence under Inside The Premises - Robbery or Safe Burglary of Personal Property for certain valuables?

The special limit per occurrence under the Inside The Premises - Robbery or Safe Burglary of Personal Property for certain valuables is set at $5,000. This limit is specifically defined within many insurance policies to provide a guideline for the amount of coverage available for particular types of high-value items. These might include items such as jewelry, watches, and other precious articles, which are often targets for theft and burglary.

This specified limit is in place to manage risk effectively for insurers, recognizing that while losses may exceed this amount, the coverage provided is intentionally capped at $5,000 for these specific valuable items. Understanding these limits helps both insurance professionals and policyholders to navigate claims and coverage effectively, ensuring that expectations align with the policy terms.