February is known as the "Love Month." And along with love comes jewelry purchases. It's important to protect our expensive jewelry by insuring them on a scheduled per item basis on a jewelry policy.
Why is that important? As an insurance professional, we hear clients say "I already have homeowners insurance that will cover my jewelry items." But jewelry coverage is limited on a homeowner policy.
Here are some facts on why we, as insurance professionals, recommend this very important coverage. By itemizing your jewelry items, some of the benefits that a homeowner policy might not include are the following:
- Worldwide travel
- Full coverage for theft
- Covered if damaged
- Covered if the item mysteriously disappears
- The policy does not carry a deductible
Why not get the full protection for your special jewelry items? That way, you can have the pleasure of wearing them with assurance that they are fully insured for whatever mishap may come your way.
To be insured properly, contact your Park & Associates agent to discuss a quote through a jewelry policy or an endorsement to your homeowners policy.