Which of the following items is specifically mentioned as having coverage restrictions under most habitational insurance policies?

Jewelry is the item specifically mentioned as having coverage restrictions under most habitational insurance policies. This is rooted in the common practice of insurers to impose limitations on the coverage for high-value items, such as jewelry, due to their potential for higher loss and theft. Most standard habitational policies may provide limited coverage for personal property, and items like jewelry often require additional endorsements or riders to ensure adequate protection.

In contrast, furnishings, sports equipment, and valuable papers, while they may also have some coverage limitations, do not typically face the same level of scrutiny or restrictions as jewelry under standard policies. This is primarily because jewelry is frequently valued significantly higher and is more susceptible to theft compared to the other mentioned items. Therefore, policyholders should be aware that if they possess valuable jewelry, they may need to seek additional coverage to fully protect their assets.