|
|
| *Loan,banking and credit>>>renters insurance |
Does renters insurance cover my jewelry? |
In case it breaks, gets stolen etc. And what about loss? The STANDARD renters policy, an HO4 including theft, will cover THEFT, up to $1200 (dollar amount changes per company). That's a TOTAL theft amount, not per item. If you want to cover breakage (which would pay cost to repair), or a stone falling out, or the dog ate it, or theft more than the dollar amount your policy limits it to, you'll have to "schedule" the jewelry on a seperate floater. Call your agent to get quotes on how much that will be. Source(s): agent, 21+ years THe policy depends on what you want to pay to cover. Usually they don't cover breakage or loss; but if you have a policy, look it over or call your agent; it you are thinking about one, call a few. It should. Make sure you have listed a schedule of items of jewelry that you have, with their value. Breaking, theft, even mysterious disappearance (loss) can be covered with minimal extra cost. I know someone who was standing at the sink wearing a very expensive antique wedding ring. Her hands were slippery from food prep and the garbage disposal was running. She pulled on her ring to take it off and put it out of the way and instead it went flying off into the disposal that smashed it. Her renter's policy covered that and reimbursed her for the value of that ring without any complaining (although I think the insurance agent was seen crying). It depends on your policy. Many require riders but will cover the loss wherever you are on the globe. I believe that if an expensive stone, such as a diamond, cracks many insurers cover the loss. Check with your agent. Most policies require that each piece be appraised. So, obviously it is only worth insuring certain pieces. You can contact your insurance provider and have it covered. Belongings are minimal under normal policies. Increasing the coverage does not cost much. Previous experience |
| Tags |
| fair tax federal tax deferred tax property insurance renters insurance social insurance state insurance student insurance online insurance term insurance |
SiteMap--Copyright/IP Policy--Contact Webmaster--Resource of HR For personal non-commercial use only. |