Linda wants to purchase a homeowners policy.She has some valuable personal property to which internal policy limits apply.Her agent said that she could obtain coverage under her homeowners policy by attaching a list of this valuable property with specific amounts of insurance.Such a listing is called a(n)

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A listing of valuable personal property with specific amounts of insurance attached to a homeowners policy is called a schedule. This allows for additional coverage beyond the internal policy limits for these specific items. A binder is a temporary agreement to provide insurance coverage, an application is the initial request for insurance coverage, and a warranty is a guarantee or promise made by the insured.

Linda Wants to Purchase a Homeowners Policy