Protect Your Valuable Personal Items

Renter's and homeowner's insurance policies set limits for the loss of certain categories of personal property, including jewelry. Homeowner's policies typically pay a maximum of $1,000 for jewelry theft. A renter's insurance policy might have a lower limit for jewelry loss--$500 is common. You might be surprised to learn that your homeowner's or renter's insurance policy probably does not offer full coverage for your engagement ring and other fine jewelry. Your insurance policy probably covers jewelry theft, but not loss that occurs for other reasons.

Additional/Scheduled Jewelry Insurance

You can usually purchase additional insurance for your fine jewelry, but be sure to ask your agent questions so that you have a good understanding of the coverage:

  • Is there a deductible?
    • If so, how much, and how does raising or lowering the deductible affect your policy costs?
  • Is an appraisal required prior to obtaining insurance?
    • Are there only certain types of appraisers whose reports are accepted?
  • Are the items covered no matter where they take place?
    • Would the policy cover you for a loss that occurs during domestic or international travel?
  • Are items covered for full replacement cost?
    • Must you replace the item, or can you obtain a cash settlement?
  • Does the policy cover repairs to damaged jewelry?

We invite you to call or email us today for a free consultation and no-obligation proposal for any or all your insurance needs. We look forward to hearing from you. CALL OR EMAIL US TODAY! Or you can use our convenient online form to get in touch.