On personal property especially jewelry. I think it is covered under your homeowner's policy. In the enclosed sample it show personal property at $36.496 with something called primary use at $28.00 maybe that is a deductible???
Should you buy a separate policy just to cover the jewelry??

Personal property insurance covers items in your home that might be stolen or destroyed in a fire or storm. The $28.00 is the cost of the insurance on personal property. Most policies cover jewelry only up to $1500 - you will find the specifics in your policy. You can ask your insurance carrier about additional insurance protection for jewelry - you will need a receipt or appraisal to establish the value of each piece you want insured.

Very good information. Thanks

EbaInes is correct. If you want more coverage than what is in your policy, you get a Jewelry Floater and schedule the items. Policy would cover on and off premises loss while your HO may only cover specific loss off premises and at a non scheduled limit.

It almost always has a separate limit other than your full personal property. Normally it will be a 500 or 1000 dollar limit, The deductable will be your normal standard deductable, 500, 1000, 5000 what ever it is on the full policy.

You can add a rider for it, an attachment to your policy for often 5000, 10,000 or 25,000 (perhaps more depending on policy and company.

Seldom do you buy a separate policy unless you have specific items, a ring, a watch, a necklace that has esp high value, maybe a diamond of investment value of 30,000 or something

Wonderful advice

Not done it for a while, but I still have all my insurance license. Take the yearly training.

Don't forget that you'll need an appraisal with pictures of the items.

Yes thank you so much.

Quote:

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Originally Posted by teacherjenn4

Don't forget that you'll need an appraisal with pictures of the items.

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. The appraisal will have to be done with the actual items of jewelry, not the pictures.

I guess I wasn't clear. You'll need to turn your appraisal in to the insurance company. After jewelry is appraised, you'll receive paperwork including pictures to take to your insurance company.