Homeowners Insurance: Getting Jewelry Coverage

Protect Valuables Using Your Homeowners Insurance

By Meha Ahmad, InsuranceAgents.com Staff Writer

The antique necklace you inherited from your grandmother, or the diamond engagement ring you got from your significant other, or even the gold locket you got for your 13th birthday are all very valuable and significant personal items to you. So as such, pieces like these or other jewelry shouldn’t be left without the appropriate amount of insurance. By adding jewelry coverage to your homeowners insurance policy, you will be financially protected if your jewelry is damaged, lost or stolen.

To find affordable jewelry coverage now, shop online for homeowners insurance quotes. From there, look for coverage that includes jewelry replacement. You can compare up to five quotes for jewelry insurance through our online forms.

What Homeowners Insurance Jewelry Coverage Should Include

Your homeowners insurance policy may or may not already include jewelry coverage. However, a good home insurance provider will at least offer you the option of including jewelry coverage on your homeowners insurance policy, instead of forcing you to purchase a separate personal jewelry insurance policy (which will cost more). If you add jewelry coverage to your home policy, it should cover the following events:

• Loss
• Theft
• Damage

Adding Jewelry Coverage To Homeowners Insurance

If you have precious gems and jewels that need to be insured, here are a few things you may want to do to get the most coverage for your money:

• Catalog your jewelry. Make an itemized list of all the jewelry you want to insure on your homeowners insurance policy. Next to each item, add a description and an estimated value (what it may be worth now, or how much you paid for it—include receipts if you still have them).
  
• Get your jewelry appraised. Find a certified/credentialed jewelry appraiser to determine an accurate value of all of your jewelry. Give a copy of these appraisals to your homeowners insurance agent. Knowing how much your jewelry is worth will establish how high of a coverage limit you need to include in your homeowners insurance policy.
• Find accurate homeowners insurance quotes. Obtaining multiple homeowners insurance quotes will not only help you save money on a policy, but it will also help you find affordable jewelry coverage. Looking online is the fastest and easiest way to find multiple homeowners insurance quotes. Choose a homeowners insurance company that offers you the most flexible jewelry coverage and replacement coverage for the lowest rate.

Talk to your agent. Ask your local homeowners insurance agent about insuring your jewelry. Find out if you can just add jewelry coverage to your homeowners insurance policy for a slightly higher premium. This route is typically cheaper than buying a personal jewelry insurance policy. If you want a faster option, simply fill out our jewelry home insurance quote form and compare up to 5 different quotes.

Published: Wednesday 19th August 2009