Homeowners, take note: Your homeowners’ insurance policy may not cover the loss of expensive jewelry, fine art, and other collectibles, or your policy may have dollar limits on the amount of coverage of such items. How it covers these items, if at all, can differ as well. It may cover total loss rather than per-piece rates, which can impact claims in the case of a loss.
This is why it’s important to have a full understanding of your policy, and if you have valuable family heirlooms or collectibles, to ensure they are properly protected from loss, damage or theft.
Thankfully, there are special policies designed to do exactly that. To learn more about this type of insurance and how it might fit into your life, contact JF Murray today to schedule a consultation.