How much will Victoria's unendorsed HO-6 policy pay for the stolen cocktail ring valued at $2500?

An unendorsed HO-6 policy, also known as a condominium unit-owners policy, typically provides coverage for personal property under the "Contents" section. However, it's important to note that personal property coverage often comes with certain limitations.

In this case, the policy may have specific sub-limits for certain types of personal property, such as jewelry. Many standard HO-6 policies limit coverage for theft of jewelry to a maximum of $1,500, regardless of the total value of the item stolen. Given that the cocktail ring is valued at $2,500, the policy would only reimburse Victoria up to the sub-limit. Therefore, under the unendorsed policy terms, she would receive $1,500 for the stolen cocktail ring, reflecting the typical limit for jewelry theft in such policies.

This context highlights the importance of understanding coverage limits within insurance policies, particularly for high-value personal items. If Victoria wished for higher coverage for her jewelry, she would need to consider endorsements or additional coverages like a scheduled personal property endorsement.