3 ways Homeowners can cover Jewelry, Furs, Silverware, Musical Instruments, Fine Arts, Coins Stamps, Golf and camera equipment, firearms and other collectibles.
A standard Homeowners policy has limitations on these items along with limits away from the premises. Coverage can be enhanced the following 3 ways.
1- Itemized Agreed Value Coverage- Available only for Jewelry with this coverage each piece is listed individually with its own value based on a current appraisal.
2- Blanket Coverage- An amount of coverage is purchased on each category of items.
3- Blanket all class Coverage- This provides coverage extending to all item listed under the blanket coverage option. The items and class don’t need to be specified in advance