Valuable Articles

 

Fine Jewelry - Fine Art - Fine Collections

 

Homeowner’s insurance may not be enough to protect your most Valuable possessions. Special items need special coverage. Protect your most valuable items by insuring these items separately by scheduling them.

 

Features include:

 

Itemized coverage. This option allows you to determine the insured value of each of your possessions. In the event of a total covered loss of an item, you will receive 100% of the insured value. There is no deductible, no depreciation, no surprises.

150% replacement cost. Provides safeguards for items that appreciate. If the market value (before the loss) of an item lost or damaged in a covered loss is greater than the itemized amount listed on the policy, we will pay the market value up to 150% of the itemized coverage amount for the item.

 

Breakage protection. Coverage for breakage or damage to fragile items is automatically included. This coverage is typically restricted or excluded in homeowner’s policies.

 

Coverage for "mysterious disappearance." Most homeowners policies don't cover valuable items that are lost or misplaced, especially when they disappear away from the home.

 

Worldwide coverage. Your valuables are automatically covered wherever you take them—anywhere in the world.

 

Coverage for pairs and sets. If a piece of an itemized pair or set (like earrings or a set of silver) is lost or damaged in a covered loss, you have the option to provide the remaining piece(s), and you will receive the coverage amount for the entire set.

 

Cash settlement. Unlike other insurance companies, you are not required to replace itemized valuables in the event of a loss. You can choose a cash settlement, or replace your valuables at the dealer of your choice. The decision is yours.

 

Coverage for newly acquired items. If you acquire a new item and already have similar articles insured with itemized coverage, your new item is automatically covered for 90 days for up to 25% of the total itemized coverage for those similar articles (maximum $50,000).

 

Contact Tom Torgerson at 858-523-7528 to further discuss your Valuable Articles.