Is my Jewelry in my Home Covered?

As a homeowner, you accumulate quite a few things over time. You may have started a jewelry collection that has become extensive over time, which is now worth a lot of money. In situations like this, you should review your homeowners insurance policy to make sure your jewelry is covered.

In most policies, the contents of your dwelling are only covered to a certain amount. You will have to add an addendum to make sure your collection will be insured to the full value or close to it. Insuring your jewelry is very important and could make the difference between getting compensated or taking a monetary loss in the event of tragedy. Don’t let that happen. Your insurance agent should be able to guide you through the process and make sure you have adequate insurance to cover your jewelry. You may also want to obtain a policy independent of your homeowners policy to get adequate coverage for very expensive or heirloom pieces. Knowing what’s available to you can be a lifesaver.

For more information on homeowners insurance policies and making sure your jewelry is safely insured, contact North American Advantage Insurance Services.