How is jewelry coverage addressed under a homeowners policy?
The homeowners policy treats jewelry as personal property, and, therefore, provides worldwide coverage up to the maximum personal property limit listed on the policy. However, when it comes to certain types of losses, limitations do apply. Losses to jewelry resulting from situations involving theft, loss of stone from the setting, and mysterious disappearance are usually limited or excluded under the standard homeowner’s policy. Additional endorsements are available to provide or increase coverage in these cases. Check with our agents to be certain about what is and is not covered by your policy. The same considerations apply to silverware, collectibles, firearms, furs, and artwork.
