Insurance Matters

Protecting your prized possessions (Valuable articles)  

It's a good idea to have your valuable possessions protected in case of loss or theft. The points below can help you in this process.

1. Contact us if you are interested. If you own or have purchased jewelry, silver flatware, furs, coins, stamps or firearms, then you'll probably need to add a rider or endorsement to your current property policy to cover them.
2. Determine whether you need to add a rider to your current policy or "schedule" a separate policy for each item or group of items. In some cases, you may need to get a written appraisal (if the item's receipt is not sufficient). This prevents the need for your insurer to investigate your claim's market value. There is usually not a deductible for scheduled items.
3. Although this type of coverage usually doesn't cost very much, keeping your valuables in a vault can also reduce your premium.
4. Your coverage should ideally be reexamined about every three years or so.