Personal Articles Insurance
What is it
Typically, a homeowners policy does not provide the level of coverage your valuable possessions need. Whatever your passion, be it baseball cards or fine jewelry, you need to know that your valuables are properly covered in the event they are damaged, stolen or lost.
A Personal Article Floater Insurance policy offers comprehensive coverage for your special items and is available by scheduling these items on your homeowners policy. LoPriore Insurance agency will help you determine the best way to insure your special treasures.
why do i need it
A Personal Articles Floater Policy provides your scheduled items with worldwide coverage and breakage coverage.
Who needs it
Scheduled personal property floater insurance is recommended if you own any of the following types of items:
- Fine arts (statues, art, tapestries etc.)
- Musical instruments
- Silverware, goldware & pewter
- Golf equipment
- Stamp collections
- Coin collections
- Wine collections
- “blanket” schedules of fine arts or jewelry
Why should I list and insure items on my home insurance policy?
- Your valuables are covered with fewer restrictions
- An agreed value and description are preset for each item
- Claims settlement is faster
- Worldwide protection when traveling
Do I need to insure my jewelry individually on my homeowners insurance policy?
A standard homeowners insurance policy generally provides a limited amount of coverage. It is suggested to schedule your jewelry to have the proper amount of coverage with the broadest protection available.
What is the deductible for items that are scheduled on a Personal Article Insurance Policy?
Scheduled items are not subject to a deductible unless stated otherwise within terms and conditions of the policy.