Some items may require additional insurance, such as
a valuable jewelry collection or rare antiques.
Not exact matches
Whether it's
valuable and treasured, inexpensive but beloved, or some combination of the two, your
jewelry collection deserves special storage and care.
You might also want an additional rider to cover especially
valuable items like
jewelry, antiques, stamp or coin
collections, cameras, or electronic equipment.
Items of high value: Expensive
valuables may not be covered under your renters insurance policy, like antiques, art or
jewelry, vintage family heirlooms, a rare autograph
collection, premium appliances, etc..
If you have
valuables (
jewelry, artwork, Polka album
collection) you will probably need additional coverage usually called a «rider».
Do you have
valuables like
jewelry, artwork, antiques or special
collections?
Extended coverage (also called a floater policy) is appropriate if you have a particularly expensive piece of
jewelry, a
valuable stamp
collection, or other similar item that has especially high value.
Endorsements are perfect for renters whose
collection of
jewelry and furs requires a higher limit of coverage, as long as no specific item is more
valuable than a specific limit — usually $ 2,000 or $ 2,500.
If you have items in your house that are exceptionally
valuable —
jewelry, furs, artwork,
collections, etc. — it they are probably not going to be covered by standard homeowner's insurance.
This could be applied easily to items like expensive
jewelry (which may not be covered when worn outside of the home or in specific circumstance like when it is placed in a locker at a gym), or
collections for example a record
collection may not be covered under your normal policy if it is worth in excess of a certain threshold in total or if individual items are considered to be more
valuable than a newly bought replacement (such as an album released on one label which has then since moved to another where it became very popular).
Aside from your regular possessions, if you have especially
valuable items, like
jewelry,
collections, furs, etc., you should also consider a rider on your plan.
Remember that homeowners and renters insurance is designed to cover general personal possessions, not
valuable collections like antiques,
jewelry or original art.
That means, if your
jewelry, gun
collection, antique coin set, or other
valuable were ever stolen, damaged, or lost, your coverage limits might not be enough (on their own) to cover the costs to replace them.
Do you have
valuables like
jewelry, artwork, antiques or special
collections?
If you have
valuables (
jewelry, artwork, Polka album
collection) you will probably need additional coverage usually called a «rider».
While discussing your
collection, you may be curious about insuring your other
valuables, such as fine art or
jewelry.
If you own more than $ 50,000 worth of belongings (perhaps a
valuable gun, art or
jewelry collection), you may want to consider additional riders to your insurance policy to be certain you are covered in the case of loss.
Have you ever added up the value of all your property — computers, electronics,
jewelry, clothes, furniture, maybe even something particularly
valuable like an engagement ring, art
collection or musical instrument?
Although some insurance carriers may also sell stand - alone
valuables policies for high end
jewelry and art
collections, the norm for the average policyholder is the addition of a floater to your homeowners or renters insurance to override the cap limits.
Unless you purchase an additional rider or endorsement, standard homeowners and renters insurance policies have restrictions on expensive artwork,
jewelry, and
valuable coin, baseball card, and gun
collections.
Items of high value: Expensive
valuables may not be covered under your renters insurance policy, like antiques, art or
jewelry, vintage family heirlooms, a rare autograph
collection, premium appliances, etc..
For example, if you have an exotic fur
collection or extremely
valuable jewelry, you may want to increase your insurance coverage beyond the standard policy.
If you have
valuable artwork,
collections, or
jewelry, these items may be limited to a certain dollar amount in coverage.
There are limitations on the amount the company will pay for certain
valuables such as
jewelry, furs, fine arts, silverware, coin and stamp
collections
Jewelry / High - End Valuables: Protection for jewelry, fine art, rare collections, and other valuable
Jewelry / High - End
Valuables: Protection for
jewelry, fine art, rare collections, and other valuable
jewelry, fine art, rare
collections, and other
valuable items.
You can buy additional coverage for added protection, and additional endorsements are available for
valuable collections,
jewelry, art and other costly belongings.
Another important point to remember is that just about every insurance policy has certain limitations for relatively expensive items such as electronic devices, art,
valuable collections, and
jewelry.
When considering ways to save on your home insurance rates — whether you are insuring a home, condo, or apartment — it is important to remember that particularly expensive or
valuable items (rugs,
jewelry, art
collections, wine
collections, etc.) often need to be insured separately, and these items may require assessment or appraisal to ensure proper coverage.
Take videos of each room in your home and photos of any expensive
jewelry, artwork,
collections or other
valuables — they may be helpful if you have to file an insurance claim.