Does Homeowners Insurance Cover Jewelry & Valuable Items?

Does Homeowners Insurance Cover Jewelry & Valuable Items?

Homeowners policies may provide limited coverage amounts for jewelry or valuable items, based on the type of item and cause of loss. Valuable items coverage may provide the protection you need for your valuable possessions in the event of covered loss from, for example, theft or fire.

What Does Jewelry Insurance Cover?

Jewelry insurance covers valuable items from jewelry to collectibles, if these items are stolen or damaged in a covered event. A homeowners policy may not cover, or provide enough coverage, for those valuable items. Jewelry and valuable items coverage can help to give you peace of mind.

Consider Valuable Items Coverage For:

  • Jewelry and engagement rings
  • Silverware, china and crystal
  • Antiques
  • Fine art
  • Stamp and coin collections
  • Bicycles
  • Trophies
  • Sound equipment (recorders)
  • Sports equipment (archery, camping, fishing, skiing)
  • Wedding gifts
  • Cameras
  • Computers
  • Musical instruments
  • Golf Equipment
  • Furs
  • Guns
  • Pedigreed dogs
  • Garden tractors
  • Political campaign collections
  • Watches

Travelers Offers Two Types of Jewelry and Other Valuable Items Coverage

Personal Articles Floater

This itemized coverage can give you some peace of mind knowing your belongings and jewelry may be covered at the time of a loss. Offered as protection just for valuables, policies can be purchased separately. There is no deductible for most classes or types of property and the coverage insures against many risks. This is beneficial for more expensive articles, like an engagement ring or a watch, that may not be covered or with values that exceed coverage that might be provided by a homeowners policy.

Valuable Items Plus Insurance Coverage

Available as an add-on coverage to homeowners insurance, a valuable items plus endorsement can offer higher limits on certain types of valuables and expanded protection. Unlike the personal articles floater where items are individually listed, the valuable items plus endorsement provides blanket coverage that affords protection for a class of property collectively, such as jewelry insurance coverage, up to a certain amount. This coverage insures against many risks.

Protecting your valuables from loss may be an affordable option depending on your needs. Whether you just need coverage for your jewelry or want insurance for multiple valuables, Travelers offers multiple options. So you can add on and choose the coverage that fits your needs.

Resource: https://www.travelers.com/home-insurance/coverage/jewelry

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