Just about every adult maintains homeowner’s or renter’s insurance, as appropriate, but the coverage that comes with such policies is not always enough. Although most homeowner’s and renter’s policies do cover personal property of various kinds, there are certain types of possessions that can often benefit from even more protection.
Many people own valuable pieces of jewelry, for instance, that could end up being more vulnerable than suspected. Obtaining specific Jewelry Insurance Coverage in Monroe MI will often make sense even in situations where a generous policy of another kind is already active.
Protecting Some of the Most Treasured Possessions of All
Almost every homeowner’s and renter’s insurance policy sets a number of definite limits on the coverage of personal property. In some cases, a single piece of jewelry could be valuable enough that it would not qualify for coverage on that account, alone.
An even more common reason to seek out and maintain jewelry insurance coverage in Monroe MI, however, is that other types of policies are typically limited with regard to the sorts of events they apply to. A specialized jewelry policy, on the other hand, will normally account for possibilities including:
* Damage – Many beautiful pieces of jewelry are quite delicate, and that means they can easily be damaged even by those who always take care when wearing or handling them. Unfortunately, homeowner’s and renter’s insurance policies often specifically exclude damage to jewelry from their personal property coverage clauses.
* Loss – Jewelry of all kinds is at its best when being worn, but putting on any given piece also means taking a risk of losing it. Once again, only jewelry insurance policies which specifically address such eventualities can normally be counted upon to provide coverage.
* Disappearance – Insurance companies and adjusters will sometimes insist on knowing specifically what happened to a piece of jewelry before issuing a check. Unfortunately, some pieces simply seem to disappear with no obvious cause ever becoming apparent.
Owning and Enjoying Jewelry with More Confidence
Click here and it will become clear that there are other situations where having specialized jewelry coverage can pay off. Almost anyone who owns a significant amount of valuable jewelry, in fact, will do well to look into the options.