Insuring Valentines Gifts


man giving necklaceThe protection provided for personal property under the typical homeowners policy is very broad, and includes coverage for your furniture, clothing, and appliances. In addition, it provides limited coverage for such items as jewelry, silverware, furs, and firearms.

However, it may not cover some types of loss that may be important to you, such as the stone falling out of your diamond ring, your antique statue that is accidentally broken, or a flooded basement that damages your personal computer. Most homeowners policies have stringent limits on coverage of valuables:

  •  As little as $1,000 of jewelry
  • Up to $2,000 on firearms
  • Up to $2,500 on silverware
  • May not cover loss through theft, accident or natural disaster

Optional add-on coverage to the homeowners policy (like a Valuable Items endorsement) can enhance coverage by providing higher limits (up to as high as $50,000 in some cases, but limited to $10,000 per item) and expanded protection for special property.  Click here to learn more.

Items that may require additional coverage:

• Jewelry
• Heirlooms & antiques (furniture, furs, etc)
• Rugs & fine art
• Musical instruments & sound systems
• Bikes, sports & golf equipment
• Vintage wine
• Silverware, china, crystal
• Garden tractors
• Designer appliances
• Computers & cameras
• Collectibles (stamps, coins, etc.)
• Firearms

Ensure that your valuables are properly insured. Give us a call more information on endorsements, floaters or separate policies for your most prized possessions.