If fine jewelry is part of your Valentine’s Day plan, make sure you have the proper coverage
Posted by LPL Risk Management on
Most Homeowners Insurance Policies have a limit on Jewelry of $1,500. With Gold prices alone being upward of $1,800 an ounce, this limit is usually not enough. Here are 3 good tips to protect your Jewelry.
1- Consider adding a Jewelry floater to your Homeowners insurance
2- Get an appraisal to find out the true replacement value.
3- Keep your Jewelry clean and in good condition. Loose or damaged prongs can mean lost gems.