What is the maximum coverage for loss of appliances under Homeowner Form HO-2?

The maximum coverage for loss of appliances under Homeowner Form HO-2 is $2,500. This form, known as the Broad Form, provides coverage for specified perils, and each category of personal property is subject to its own limits.

In the case of appliances, which are considered personal property, the typical limit for coverage is set at $2,500. This amount reflects common standardization in homeowners insurance policies, ensuring that homeowners receive assistance for crucial household items without needing excessive coverage limits that might not reflect average losses.

Understanding the coverage limits set by different homeowner forms is essential for policyholders to ensure they have adequate protection for their property while also understanding the restrictions and limits placed on various categories of their possessions. This is particularly relevant for homeowners making decisions about coverage based on the value and risk of their personal property.