What is the special limit under coverage C on watercraft in section 1 of a homeowners policy?

The special limit under coverage C for watercraft in section 1 of a homeowners policy is indeed $1,500. This limit is significant because it specifically pertains to personal property coverage and sets a cap on the amount that the insurer will pay for watercraft-related losses. This reflects the insurer's approach to managing risk associated with higher-value items like watercraft, which can vary widely in value and potential for damage.

This cap on watercraft under section 1 emphasizes the need for policyholders who own watercraft to consider additional coverage options, such as a separate boat insurance policy or endorsements to their homeowners insurance, to ensure they are adequately protected in the event of a loss.

Understanding this limit is crucial for homeowners to effectively assess their insurance needs and ensure that they have the proper coverage for their personal property, especially for items that may fall under specialized limits like watercraft.