Call Us CALL US TODAY | 936.598.9048
Auto & Home Insurance PERSONAL, AUTO & HOME

Auto insurance protects you against financial loss if you have an accident.

Read More
Business Insurance BUSINESS & COMMERCIAL

Discover the perfect insurance options to meet your specific and unique needs.

Read More
Life & Health Insurance LIFE & HEALTH

A standard policy insures the home itself and the things you keep in it.

Read More
Boats, Motorcycles & ATVs Insurance BOAT, ATV & MOTORCYCLES

Browse a variety of insurance options in order to find the right one for you.

Read More
Farm & Ranch Insurance FARM & RANCH

Finding insurance doesn't have to be difficult. We do the work for you.

Read More

Learn about different options that fit your specific needs.

Read More

Special coverage for jewelry and other valuables

To adequately insure high value items, consider a floater


A standard homeowners policy includes coverage for jewelry and other precious items such as watches and furs. These items are covered for losses caused by all the perils included in your policy such as fire, windstorm, theft and vandalism.

However, there are special limits of liability for certain valuable items, such as the theft of jewelry. To keep coverage affordable, because jewelry can be easily stolen, the standard policy has a relatively low limit of liability for theft—generally about $1,500. This means that the insurer will not pay more than the amount specified in the policy for any given piece of jewelry or other valuable item.

If you own valuable jewelry, furs, collectibles or other items that would be difficult to replace, there are two ways you can increase coverage:

  • Raise the limit of the liability. This is the less expensive option; however, the amounts are still limited for both individual pieces and overall losses. For example, limit to a claim for the loss of an individual piece could be $2,000, with the overall limit at $5,000.
  • Purchase a floater policy and “schedule” your individual valuables. While more costly, this option offers the broadest protection for valuables. Floaters cover losses of any type, including those your homeowners insurance policy will not cover, such as accidental losses—say, dropping your ring down the kitchen sink drain or leaving an expensive watch in a hotel room. Before purchasing a floater, the items covered must be professionally appraised; you can ask your insurance professional to recommend a reputable appraisal firm.

Source: III.ORG


 Contact us today to learn more about coverage options.  Our agents are happy to work with you to determine which coverages best meet your needs.




Posted 2:16 PM

Share |

No Comments

Post a Comment
Required (Not Displayed)

All comments are moderated and stripped of HTML.
Submission Validation
Change the CAPTCHA codeSpeak the CAPTCHA code
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive

View Mobile Version
© Copyright. All rights reserved.
Powered by Insurance Website Builder