Valuable Articles Insurance
If your home suffered a fire or theft, would all your valuable possessions be covered under your home or renter insurance policy? While your home or renter insurance policy may be great at replacing electronics, clothing, and furniture, many insureds are surprised to find out some of their most valuable items have limited coverage.
The standard home and renter insurance policy typically limits coverage for valuable items to $2,500. Valuable items typically limited in coverage include:
- Furs
- Fine art
- Jewelry
- Cameras
- Silverware
- Smartwatches
- Guns and bows
- Musical instruments
- Collectible stamps and coins
Every insurance policy is different and may limit coverage to even more items. For many individuals and families, the limited coverage leaves a significant gap in their insurance program. To fill that gap, you can purchase a Valuable Articles or Valuable Personal Property insurance policy.
Valuable Articles insurance can be a relatively inexpensive way to protect your special items. As an example, premium rates usually range between $.75 – $.95 per $100 of coverage. This means someone who wishes to obtain $15,000 worth of insurance could pay as low as $113 per year. That’s great peace of mind for a great price!
Under a Valuable Articles insurance policy, you may also select coverage for lost property or accidental damage. Your special items can be individually scheduled or, for slightly more premium, you can purchase a blanket policy making it easy to make sure no valuables are uninsured. Lastly, most policies offer coverage worldwide and do not have a deductible, further reducing the cost to replace or repair your valuable personal property. If you would like to learn more about Valuable Articles insurance or to obtain a quote, contact me today.
Featured Blogs
- Aging and Our Body’s Ability to Heal Itself
- What is Credit Health Insurance?
- Keeping Health Insurance After a Layoff
- Waking Up to the Impact of Insomnia
- How Life Insurance Benefits Women
- Electric Car: To Buy or to Lease?
- What experts say about raising the retirement age
- Coverage for healthcare treatment denied? Here’s what you can do.
- How are the proceeds of a life settlement taxed?
- Sharing the Road with Cyclists
- Buying Life Insurance for an Elderly Parent?
- What Every Renter Needs to Know about Renters Insurance
- Medicaid Unwinding: Your Questions Answered
- Does Uber Insurance Cover Passengers?
- Living Your Best Life After 60
- Weird Things Covered by Home Insurance
- Buying Health Insurance: A Millennial’s Guide
- Self-Love Ideas for Valentine’s Day
- Life Without Clutter
- Set Yourself Up for Success with Your Fitness Routine
- When to Upgrade Your Auto Insurance
- Winter Hydration – Do I Need It?
- What Does My Home Insurance Policy Cover?
- I’m 60+; Do I Need Life Insurance?
- Why Do I Keep Breaking My New Year’s Resolutions?
- Closing Out the Year with a Smile!
- How to Enjoy a Long Layover
- Are You Paying Too Much for Auto Insurance?
- 6 Cold Weather Safety Tips
- 10 Tips for Managing Cholesterol Levels
- How Social Security Cost-of-Living Adjustments Affect Your Taxes
- How Much Life Insurance Do You Need Right Now?
- LA County COVID Vaccine Info
- The Case(s) to Buy Life Insurance for Your Child
- SimpliSafe vs. Ring, Which is Right for You?
- What Medical Bills are Tax Deductible for 2019?
- Are You in a Flood Zone? The Answers Might Surprise you!
- The Safest Vehicles to Buy in Model Year 2020
- Freezing Pipes Burst! Am I Covered?
- This is Why You Pay Taxes on Employer-Sponsored Disability Insurance