Valuable Items Insurance in Miami, FL

Insuring valuable items is a crucial step in protecting your most cherished possessions. High-value items such as jewelry, fine art, antiques and collectibles often hold significant financial and sentimental value, making them essential to safeguard against potential loss, theft or damage. Understanding the importance of insuring valuable items and knowing how to cover them adequately can give you peace of mind and financial security.

Are Valuable Items Covered Under Home Insurance?

Valuable items may be covered under home insurance, but there are often limits to the amount of coverage provided for high-value items like jewelry, art, electronics and collectibles. Standard home insurance policies usually have specific sub-limits for these items, which might not be sufficient to cover their total value. You can add a scheduled personal property endorsement or a rider to your policy to ensure adequate protection. It’s important to review your policy and discuss your needs with your insurance provider to make sure your valuable possessions are fully covered.

How Do You Insure High-value Items?

Additional coverage, such as a scheduled personal property endorsement or a rider to your home insurance policy, may allow you to list each valuable item individually, along with its appraised value, ensuring it is fully protected against loss, theft or damage. Start by getting a professional appraisal for each item to determine its worth. Then, provide this documentation to your insurance provider, who will adjust your policy accordingly. This process ensures that your high-value possessions are adequately covered beyond the standard policy limits. Regularly review and update your coverage to reflect any changes in the value of your items.

Learn More

Contact Tanenbaum Harber Insurance Group to discuss your insurance portfolio.