A standard homeowners policy includes coverage for jewelry and other precious items such as watches and furs. However, they come with special limits of liability for certain items, meaning the insurer will not pay more than the amount specified in the policy. One important limit is for the theft of jewelry. To keep coverage affordable (because jewelry can easily be stolen), the standard policy has a relatively low limit of liability for theft, generally $1,500.   

If you own valuable jewelry or other items that would be difficult to replace, the best way to protect those items is to schedule them.By scheduling each piece or item, it offers broader protection because the rider covers losses of any type, including accidental losses-such as dropping your ring down the drain of the kitchen sink or the mysterious disappearance of a cell phone/laptop left in a hotel room (that your homeowners insurance policy would not typically cover). If you have valuable items that need this special coverage, please call us today! The cost is minimal and you'll be glad you have it!