What is the coverage limit for firearms theft under a homeowners policy?

Under a homeowners policy, the coverage limit for the theft of firearms is set at $2,500. This amount represents a specific limit for personal property when it comes to certain types of valuable items like firearms and related equipment, reflecting the insurance industry's recognition of their value and the potential for loss.

This limit ensures that homeowners have a reasonable level of financial protection against theft that could otherwise result in significant loss, considering firearms can be expensive and are often stored in a way that makes them susceptible to theft. Additionally, homeowners policies typically outline similar specific limits for other high-value items, such as jewelry or fine art, to provide clarity on coverage amounts for policyholders.