Products & Services

High Value Specialites

Our specialty is coverage for fine homes, classic automobiles, weekend motor craft, jewelry, and collectibles; items that are typically difficult to find the level of protection you require.

A homeowners policy includes coverage for jewelry, artwork, and other precious items such as watches and furs. These items are covered for losses caused by all the perils included in your policy such as fire, windstorm, theft and vandalism.

However, there are special limits of liability for certain items, meaning that the insurer will not pay more than the amount specified in the policy. One important limit is for the theft of jewelry. To keep coverage affordable because jewelry can be easily stolen, the standard policy has a relatively low limit of liability for theft - typically $1,000-$2,000.

If you own valuable jewelry, there are two ways you can increase coverage: by raising the limit of liability or “scheduling” your individual pieces through the purchase of a valuable articles endorsement, commonly called an “inland marine” policy.

Raising the limit of liability is the most cost-effective option; however, there may be a limit on the amount you can claim for the loss of any individual piece and a maximum limit that is typically no more than $5,000.

If you have a larger jewelry collection, “scheduling” each piece is recommended since you can purchase coverage up to the appraised value and there is typically no deductible. We recommend adding an “agreed value” endorsement so you know exactly what you would receive in the event of a loss.

Before purchasing an inland marine policy, most companies will require a professional appraisal for the items covered. The cost of this service varies by county or region according to the risk of theft.