What is one common type of personal property excluded under many homeowners policies?

Jewelry is a common type of personal property that is often excluded or subject to limits under many homeowners policies. While these policies typically cover personal property up to a certain value, they often have specific sub-limits for higher-value items like jewelry, watches, and fine arts due to their potential for significant loss or theft and their variable market values. This limitation encourages homeowners to consider obtaining additional coverage, such as a rider or scheduled personal property endorsement, to ensure their valuable items are fully protected. Other personal property types, like artwork, furniture, and clothing, generally do not have the same exclusions or sub-limits and are usually covered under the homeowner's standard policy terms, making jewelry a notable exception.