Such statistics may make a person wonder if ALL their personal possessions are properly protected. Yes, a homeowners policy may cover most of your valuables. However, most policies have limited peril coverage and internal limits for high-worth items such as jewelry, fine art, furs, collectibles and special equipment. These items are often limited to $2,500 or less, with per item limits of $1,000. Instead of waiting to find out if you are appropriately covered, it may be time to purchase riders – whether on a per-item or blanket basis. This is where our personal articles insurance policy can help.
More than likely, you own items at home that are sentimentally or financially meaningful to you. In order to keep these items safe, it is essential to protect them with the right policy. By adding an endorsement to your home insurance policy, or purchasing personal articles floaters insurance, these items can be properly protected.
A personal articles insurance policy can protect a wide variety of expensive items, including:
- Camera equipment
- Collector items
- Fine art
- Golf equipment
- Jewelry (watches, engagement, wedding rings, diamond rings, etc.)
- Musical instruments
- Sports equipment