Homeowner’s policies limit the coverage for many valuable item classes such as: jewelry, furs, and silverware. Coverage under a homeowners policy can also be unclear for: art, musical instruments, wine, stamps, collectibles, and more. The right type of insurance from Westchester’s Premier Insurance Agency, Advocate Brokerage can fix those coverage issues
A personal valuables policy (also known as a Collections or Inland Marine) allows you to itemize coverage for individual pieces or have blanket coverage for categories. For most policies, coverage is worldwide, losses are paid on an agreed value basis and no deductible applies. Although many companies offer a broad spectrum of what constitutes a valuable item, listed below are a few of the more popular categories that can be insured.
Fine Arts (Paintings, sculptures, photography, much more)
Silver and silverware
Cameras and Camera Equipment
Stamps and Coin Collections