Can Tools Or Valuable Property Stored In An Adjacent Structure Be Scheduled On Your Homeowners Policy? 
Many carriers will allow for scheduled BPP -LRB- Business Personal Property -RRB- on the homeowners policy . If truly used for personal use , they should be covered under the Personal property Section on a named peril basis -LRB- check the form -RRB- . If taken off-premises they may be covered for theft if you do not have the Off-Premises theft exclusionary endorsement on the policy -LRB- of course subject to the policy deductible -RRB- . Otherwise there is worldwide coverage on contents on a named peril basis if you do not add the Special Form to PP -LRB- some companies will limit this to a % or total coverage -RRB- . Please realize this is all assuming an ISO form written on a standard HO-3 in NY . Hope this helps . 