All of the following are covered properly under a homeowners policy EXCEPT

Homeowners insurance does cover money, but only up to a specified limit. This includes cash, coins, and certain types of currency, although coverage for money is often limited compared to other personal property, making it a valid inclusion in a homeowners policy.

Passports are considered personal property and are generally covered under a homeowners policy, albeit with limitations on the total amount covered. The policy typically protects personal belongings against specific risks, and passports fall within the category of personal effects.

Watercraft may be covered under a homeowners policy, but there are restrictions and limits. Some policies provide coverage for small boats or watercraft, while larger vessels may require a separate insurance policy. Thus, watercraft can be included but often with specific conditions.