This clear-cut language leaves no doubt about the existence of and scope of coverage. It was not always so. It is a product of evolution. The exposure was not specifically addressed until its significance and difficulties with earlier policy language brought about the present certain protection. Information about it will relieve concerns of parents.
Higher limits are available by endorsement.
The significance of this protection is clear as growing numbers of people complete projects at home that were not finished at the workplace, and the work address of many others is the same as their residence address. The policy covers personal property owned or used by an insured. So insurance applies to items that are brought home from the office as well as to those that are personally owned. Insuring items of personal property for their full value is essential because any deficiency can't be made up from basic homeowners policy coverage for unscheduled personal property . Questions occur when objects of considerable value are described and insured for specific amounts in personal articles floater policies or in scheduled personal property endorsements attached to homeowners policies.