Your basic homeowners insurance policy covers most furnishings, appliances, and major systems within your home as well as its physical structure and integrity. If you own valuable items that are routinely on display or stored inside your home, however, you may need extra insurance coverage specifically for these items. Stamp collections, costly jewelry, fine art, furs, and other items of significant financial value typically require added riders to provide full reimbursement for their loss or destruction. At Insurance Solutions of Texas, Jay Harris and our entire team provide personalized insurance solutions for Sugar Land, Katy and The Woodlands residents in the Houston metropolitan area.
Scheduled Personal Property
Insurance riders are available for a wide range of personal belongings of greater-than-average value. We offer a full range of options for personal property protection that include the following:
- Art collection insurance for single artworks and major portfolios of fine art
- Jewelry insurance
- Stamps, rare trading cards, and first editions under our rare collections insurance plans
- Cameras and darkroom equipment insurance
- Coverage for furs and designer clothing
- Silverware and goldware policies
- Insurance for sporting goods, including golf equipment
- Musical instrument coverage
While your standard home insurance policy may offer some protection for these items, it generally is at a much lower rate than the real value or replacement costs for expensive items. We can help you set up insurance riders that provide more appropriate protection at a reasonable price. In general, collections or pieces worth more than $1,000 need an extra rider to ensure adequate protection for these items.
Inventory and Appraisal
Before you can obtain the extra insurance required to ensure that your valuable items are protected against theft and damage; you will need to take a full inventory of these items and provide documentation on their value. This can usually be accomplished easily by having the items appraised by an objective expert in the particular field. For instance, jewelry can be appraised by an independent jeweler who will certify their value for insurance purposes. Rare baseball cards or stamp collections can be verified and assessed by collectors and accepted authorities in these less common fields. Once the appraised value has been determined, we can create insurance riders specifically to cover these valuable items and protect you against their loss.
We offer a full range of extra insurance options to help you customize your coverage and protect your belongings against loss, theft, and damage due to a wide range of covered events. Our professional and helpful insurance specialists can create the right coverage solutions for your specific needs and budget.