Home Insurance for High-Value Items: Protecting Your Valuables

Many homeowners invest in items that hold significant financial or sentimental value, whether it’s fine jewelry, rare collectibles, original artwork or the latest electronics. While a standard home insurance policy offers essential protection, it may not fully cover these high-value possessions. The agents at Action Plus Insurance understand how important it is to safeguard what matters most, and we’re here to help you secure the right coverage for your valuables.

Why Standard Home Insurance May Not Be Enough

Most home insurance policies include coverage for personal belongings, but they often set limits on certain categories of high-value items. For example, jewelry, art or collectibles may be covered only up to a specific dollar amount, which may not reflect their true worth. You could find yourself underinsured if you experience a loss due to theft, fire or another covered event.

What Is Valuable Items Coverage?

To bridge these gaps, our team recommends considering valuable items coverage, sometimes called scheduled personal property coverage. This type of policy allows you to list (or “schedule”) specific high-value items and insure them for their appraised value. Benefits of scheduling your valuables include:

• Higher coverage limits for individual items
• Protection against a broader range of risks, including accidental loss
• Knowing your most prized possessions are properly insured

Commonly Scheduled High-Value Items

Homeowners often choose to schedule items such as:

• Engagement rings and fine jewelry
• Rare coins, stamps or collectibles
• Original paintings or sculptures
• High-end electronics and cameras
• Designer handbags or luxury watches

Learn More

If you own or are considering purchasing high-value items, don’t leave their protection to chance. Contact us today to get started.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.