The reason for this is because you don't want
a single jewelry item to take up a lot of your general direct renters insurance policy.
Not exact matches
Announcer (voiceover): But you should know that some categories of personal property coverage usually have a maximum dollar limit by group (such as
jewelry) or per
single item (for example, a watch) that can be paid out to a policyholder in case of damage or loss.
A senior citizen may want to take out additonal cover on antique
items,
jewelry or family heirlooms while a
single man may want to take out extra protection for his collection of fine paintings that decorate his loft.