The holidays are approaching — a time of giving, sharing and caring. While many choose to give or receive jewelry or other valuable gifts, they often are unclear on how to insure these items. Many people think their homeowners insurance covers the full value of all of their belongings. This may not be the case: although your homeowners policy may offer great coverage, it typically has deductibles and coverage limitations. So how can you avoid a gap and make sure you have the coverage you want?

Add a floater 
Scheduled Items Floater coverage (also called Personal Articles Floater) is designed to cover your valuable property that may be excluded from or have limited coverage under your homeowners or renters policy. Such property may include:

• Jewelry
• Paintings, sculpture, and other works of art
• Cameras, musical instruments and firearms
• Antiques
• Collectibles
• Personal computers and electronics
• Silverware, goldware, and other high value precious metalware

Get prepared; stay prepared
Call me — I can help you review your policy so you know what coverage you have for valuables, whether there are special lower limits and when those special limits may apply. Then you can decide if you have the coverage you want for your belongings. If you don’t have enough insurance for your jewelry, artwork or other unique valuables, you’d rather know now — not after you suffer a loss.