Your existing homeowners policy may include some coverage for jewelry and other valuable items. However, the coverage is often limited to $1,000 to $1,500 per item. While this helps keep homeowner policy costs low, it may not provide enough protection against the true cost if an item is damaged or stolen.
Increase the limits on your existing homeowners policy: If your coverage limits are low, it may be possible to increase those limits. By increasing your limits, you’ll get more coverage for all your belongings in case of a disaster, theft or other incidents.
Consider a personal articles floater (PAF): Another option to consider is personal property protection that’s designed to cover specific items. A PAF policy can be purchased separately. A PAF allows you to list the particular items of value you want covered.
Consider a Valuable Items Endorsement that can be attached to a homeowners policy. The Valuable Items Endorsement does not allow itemization.