IS YOUR JEWELRY PROPERLY INSURED????

According to the department of justice, jewelry accounts for 70%
of all personal property theft losses each year. If your jewelry exceeds the coverage limit on your homeowners policy, you
will need to get special insurance that specifically protects your pieces.

A typical homeowners insurance policy limits coverage for jewelry
to a fairly small amount-maybe $1,000 to $2,500. That may seen like a lot of coverage at first glance, but keep in mind that gold prices have skyrocketed and that many wedding-ring sets exceed that amount all by themselves. If you are robbed and your rings are stolen or your home is burglarized and all of your gold is taken, you might find your insurance claim check very disappointing.

The first step in getting your jewelry insured properly is assessing it's true value. Update the appraisals of your jewelry, especially your nicest pieces, then call your agent to determine if you need  to put your items on a special schedule to get them fully insured.

-From the Personal Prospective Insurance Newsletter 

CALL METRO JEWELRY APPRAISERS, LLC IN SUDBURY TODAY! (978) 261-5667