Jewelry coverage on homeowner’s insurance?
In this video, Snyder Insurance Agency of Bethlehem, PA speaks about the ins and outs of insurance for your jewelry and the best way to make sure your prized piece of jewelry is protected correctly. The coverage for jewelry is a bit complicated so Katie has featured some important information to help provide some education behind the additional endorsement. If a specific piece of jewelry is not scheduled on the policy for the amount it is worth, you could be jeopardizing your coverage. Scheduling your pieces of jewelry (watches, rings, necklaces, bracelets, etc.) adds a specific peril that is not included on the base homeowners policy coverage – mysterious disappearance. With this endorsement, you don’t need to schedule every piece of jewelry you own so most individuals opt to add the higher priced pieces to ensure coverage for those that would be detrimental to replace.