Got Valubles? Start a Floater Policy for Coverage

Do you own jewelry, a laptop computer, or are you an art collector? If your answer is yes to any of these, you might want to look into your homeowners policy and make sure your belongings are covered. Most likely they are not, due to the high-value of these items. Jewelry, fine art and many other items have coverage limitations under even the broadest homeowners policy. Such valuables are difficult because they are mobile and are carried around. If you’re running around town or at a fancy party, for example and you’re wearing your earrings that have been handed down from generations dating back to the 1700’s, and they disappear, they will NOT be covered.

Don’t worry there is a way to insure these valuables and make sure you get your moneys worth. Contact you insurer and tell them you have some items that you would like to get scheduled and start a personal article floater policy for a small additional premium. There are two ways which you can do this:

1. If your items have recently been purchased, a store receipt or certificate should establish the insured value
2. You can get your valuables appraised by an expert which would affirm the current value of your items

When your scheduled floater policy is created then your jewelry, artwork, laptop computer, etc are insured if lost or stolen.  If your items are unscheduled and you lose them, you can kiss them goodbye. So be sure to contact Partee Insurance Associates and we will get your items scheduled and make sure they are covered.