Understanding the Intricacies of Jewelry Coverage under Homeowners Insurance
If you have valuable jewelry at home, it’s natural to question whether your homeowner’s insurance covers it. At The Owens Agency LLC, serving Waldron, AR, we’re happy to answer your queries regarding coverage under your homeowner’s insurance. Here’s what you need to know.
Homeowners Insurance and Your Jewelry
Most homeowners insurance policies cover jewelry, but there’s usually a limit to the amount they’ll pay for it. If you own an expensive item of jewelry or several high-priced pieces, your regular homeowner’s insurance policy may not provide enough coverage for these items in case of a loss.
How to Maximize Your Coverage
If you own expensive pieces that need to be insured, you have several options:
- Increase the coverage of your homeowner’s insurance policy: Speak with your insurance agent to see if you can add additional coverage specifically for your jewelry.
- Get a personal articles floater: This is a separate policy that provides additional coverage for high-value items such as jewelry.
- Get jewelry insurance: This is a specialized insurance providing coverage specifically for jewelry. If you have several expensive pieces, jewelry insurance may be the best way to safeguard them.
At The Owens Agency LLC, serving Waldron, AR, we’re happy to guide you on how your homeowner’s insurance policy protects your valuable items. Reach out today for more information.
