Your valuables are a personal expression of your style and your connection to the people and moments that matter most in your life. Whether it’s diamonds, photography equipment, exquisite paintings, or other treasures, insurance can help protect your cherished possessions from theft, loss, and damage. Please contact Bradford Turner Insurance Group in Cumming, Ga to help you find the best valuables protection.
What Does Jewelry/Valuable Insurance Cover?
Jewelry/Valuable insurance protects your items against theft, loss, and damage, including situations where jewelry is in the care of a jeweler.
How Much Does this Insurance Cost?
The cost varies based on item value and the chosen coverage. For example, a $5,000 engagement ring might cost as little as $50 annually to insure.
Is this Insurance Worth It?
Its value depends on your unique situation. If you have valuable jewelry, photography equipment, electronics, or artwork, considering replacement costs in case of loss, theft, or damage makes the insurance worthwhile for peace of mind.
Options for Insuring Valuable Items:
The two main options include Personal Articles Floater (PAF) for specific items and Valuable Items Plus endorsement as an add-on to homeowners’ insurance, providing extended coverage.
FAQs
- Does homeowners’ insurance cover jewelry/valuables?
Homeowners’ insurance might cover items with limitations. Check your policy for sub-limits and coverage details, especially for losses that occur like mysterious disappearances.
- How to add Valuables Insurance?
Add it through a Personal Articles Floater (PAF) or a Valuable Items Plus endorsement to your policy.
- Which items need additional coverage?
High-value jewelry or other valuables may require extra coverage, especially if your policy has low sub-limits or limited coverage types.
- How to decide on valuable items coverage?
Review your insurance policy for current coverage, consider appraisals, create a home inventory, check neighborhood crime rates, and assess electronic equipment value. Discuss your coverage needs with your agent.
