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Does Dayspring liability cover personal items of value packed into a persons suitcase?

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Does Dayspring liability cover personal items of value packed into a persons suitcase?

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Dayspring does not assume liability for unchecked articles. It however, assumes liability for checked items if they are lost while in Daysprings custody. In the event a piece of luggage is lost while in our custody, Dayspring shall reimburse a maximum of $400 per lost piece. Lost baggage claims should be submitted prior to leaving the baggage claim area of the local Airport. A form has to be filled by the claimant. Any claims submitted pursuant to leaving the baggage claim area will not be entertained.

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