What is Scheduled Jewelry Coverage?
Your homeowner policy does provide limited coverage for jewelry, subject to your deductible, usually with a $2500 limit. In addition, how the jewelry is covered is also restricted. For example, your homeowner policy restricts coverage for jewelry to cover only fire and theft loss. Scheduled jewelry coverage is All Risk coverage. This includes mysterious disappearance, damage, or a missing stone, with a $0 deductible. Higher deductibles can be used to reduce the cost.
