Valentine’s Day, anniversaries, and milestone moments often come with meaningful (and valuable) gifts—especially engagement rings, fine jewelry, and family heirlooms. What surprises many homeowners is that these items usually have strict limits under a standard homeowner’s policy. Theft coverage for jewelry is often capped at a few thousand dollars, which may be far less than the item’s actual value.
That gap can create an ugly surprise at claim time. If a ring is lost or stolen and it’s only covered under the base policy, the payout may not come close to replacing it. Even worse, some types of loss—like mysterious disappearance—may not be covered at all without special protection.
Covering that gap by scheduling valuable items separately is the solution. A scheduled personal property endorsement allows you to insure jewelry for its full appraised value, often with fewer exclusions and with the option for no deductible. It’s one of the simplest ways to make sure meaningful gifts stay protected long after the wrapping paper is gone.
Stay Tuned For Other Great Reads In This Month’s Newsletter
- Life Insurance: It’s Not for You—It’s for the People You Love
- Liability Protection: Why Love Means Making Sure Your Family Is Covered
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