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How well do you know your homeowner’s policy? Are all of the things that are important to you covered? Sometimes homeowners assume they are, but we want to make sure you know for certain. We don’t want you to be disappointed should you have to file a claim, and the things that are important to you aren’t covered. Your local Georgia Farm Bureau agent can help you navigate your policy and go through it with a fine-toothed comb to make sure all of your needs are covered. 

 Here are 5 things to know, on most homeowner’s policies the following applies:

1. Boats and trailers:  If not added specifically to a policy, there is a $1500 limit for watercraft, including their trailers, furnishings, equipment, and outboard motors.
   

2. Trailers not used with watercraft: If not added specifically to a policy, there is a $1500 limit for trailers.
   

3. Jewelry: If not added specifically to a policy, there is a $1500 limit on jewelry (including watches) in case of theft
   

4. Firearms: If not added specifically to a policy, there is a $2500 limit on firearms in case of theft
   

5. Business use items: there is a $2500 limit on items used in any time or in any manner for business purposes (while on the residence premises and a $500 if something happens to those items away from the residence premises—this can be anything done in exchange for money (for example, lawncare, Tupperware, an online Etsy shop, or even making shirts and decals with your new Cricut machine).  And the verbiage that says any time or in any manner can even apply to laptops used to place/process orders.  
   

Content provided by Georgia Farm Bureau Senior Performance and Development Specialist, April Ussery.