| All too often,
insurance consumers don't realize coverage for
their jewelry is extremely minimal on their home,
renters or condo insurance policy. In fact, some
policies might not provide any coverage for certain
items.
Tip. Review your policy thoroughly
or have your agent tell you how much coverage
you have for your jewelry.
Consider this situation: you come home from
work one evening to find your house burglarized.
What do you think the thieves took first? They
tend to grab high-value items that are easily
portable. Which most often translates to your
jewelry.
Many people don't realize how much jewelry
they have accumulated until it's too late. But
it doesn't have to be complicated... most of
the time, jewelry is very easy to insure. A
simple change to your homeowners policy adding
the jewelry you want insured is often all it
takes. But you have to make the change before
the item is lost, damaged or stolen. Insurance
companies aren't in the habit of reimbursing
you for jewelry you neglected to tell them you
wanted insured. |
