Expensive rings, necklaces, earrings, watches, bracelets and other items need separate coverage. Engagement rings, great-grandmother’s necklace and other expensive items can benefit from jewelry insurance coverage. Their coverage under homeowners or renters policies is very limited. Often, there is inadequate protection offered for the full value of a high-value piece. Renters and homeowners policies offer protection but only up to a certain limit for all pieces. Homeowners and renters insurance policies will usually limit jewelry coverage at around $1,000 to $5,000. However when it comes to more expensive pieces, this…
Read MoreTag: jewelry insurance policy
Insurance news from Allstate helps to protect Valentine’s Day investments
Declaring your love to someone can be an expensive matter, and this insurer is reminding consumers to protect valuables. Valentine’s Day is coming up very quickly, and lovers across the country are making insurance news as they shop for special gifts to help to declare their love, but at the same time protecting their investments with the right coverage. Roses and chocolates are one thing, but engagement rings are something else altogether. This very romantic day is a traditional day for many people to propose to the people they love.…
Read More