With this in mind, we’d like to introduce you to the concept of a personal valuables (or articles) floater. Simply put, a floater (sometimes called a “rider”) offers coverage above and beyond your renters or homeowners policy for valuables such as jewelry, art, musical instruments, and other expensive possessions. With this additional insurance you’re covered against losses of any type—even if you drop your ring down the drain, or leave your watch behind in a hotel room.
Another way to cover valuable items is to raise the limit of liability on your homeowners policy. But, this will put a cap on the amount you can claim for the loss of any individual item. The first step? Contact your Insurance Professional for advice on how to safeguard any new high-ticket items (or valuables you already own).
And, while it’s impossible to put a price on love, the right coverage against theft, loss, or damage is peace of mind that anybody can buy.