What is a sublimit in my insurance policy?

A sublimit is a lower coverage limit within your policy for specific types of property or losses. For example, your overall personal property coverage might be $100,000, but jewelry may have a $1,500 sublimit, and cash or electronics may have their own sublimits. Sublimits apply to categories insurers consider high-risk. If your jewelry is stolen, you would only receive up to the sublimit amount, not your full personal property limit. You can increase sublimits by adding scheduled personal property endorsements or riders for specific valuable items.