Does Homeowners Insurance Cover Lost Items? 
Lost items generally are not covered under a Homeowners ' policy 's standard terms and conditions . However , if you have items that are specifically insured on a rider , jewelry for example , then the coverage provided by the rider is broader . In those cases , `` mysterious disappearance '' is a covered peril . That means if you find that the diamond has fallen out of your engagement ring , or your grandmother 's wedding ring can not be found , then you would have coverage under the rider so long as the item was listed and documented . 