Are your Most Valuable Items Protected?
A neighbor of mine recently had a break in and over $60,000 worth of jewelry was stolen that she had planned to pass down to her granddaughters. When I asked her if she had added the jewelry to her homeowners insurance, she replied, I don’t think so. I spoke with her a week later and she told she didn’t and there was no coverage at all.
Although many of the pieces were unique and purchased during her travels which could not be replaced, the money spent on these items could have been replaced. Unfortunately, she thought her homeowners policy covered everything and assumed all of her jewelry was too. Her agent never asked about her jewelry.
The standard homeowners insurance policy contains many exclusions and limits. These limits and exclusions greatly affect coverage for your most valuable items.
If you own jewelry, furs, antiques, collectibles and guns, you can get special coverage on these items at very little cost. It may take some time and effort to get appraisals for the higher value items but is well worth it. Call our office today and let’s get started in protecting your most valuable items.
