Scheduled Coverage

What Does Scheduled Coverage Mean?

An insurance policy provides scheduled coverage when specific insured items are individually listed on the policy. This differs from non-scheduled coverage, which offers a set amount of coverage for a variety of items without requiring them to be specifically listed.

Insuranceopedia Explains Scheduled Coverage

Scheduled coverage is a common feature in property and homeowners insurance policies. While a standard policy typically provides non-scheduled coverage for a general group of items, policyholders may need to obtain scheduled coverage for specific high-value items that are not included under non-scheduled insurance. These items often include jewelry, artwork, precious metals, electronic equipment, and valuable collectibles.

Before adding scheduled items to a policy, it helps to create a home inventory so you know which possessions exceed the standard limits in your base policy. Items that go beyond those limits are usually listed on a personal property floater, which records each scheduled item along with its own coverage amount.