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What is theft sub limits?

Updated: 8/16/2019
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16y ago

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I'm guessing that what you are referring to is in most homeowners/renters policies there are limits on certain items under certain perils. For instance, jewels may be covered for the actual cash value of all your jewels in say a fire, (and other perils) except for theft, in which case there is a limit of 1k for theft of jewels. You policy will clearly identify these items, perils and limits of coverage.

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Q: What is theft sub limits?
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