Tis the season for giving and receiving. As you receive those precious and sometimes valuable gifts from family and friends, you may want to consider taking extra care of them. Insurance just may be the key to protecting those assets.
First, you should perform a full inventory of what valuable items you want to protect and receive full value.
Secondly, have your valuables appraised. This will give you a good indication of whether you will need to spend money on insurance for certain items. This will also provide you with an accurate estimate of its worth.
Thirdly, take a good look at your home insurance or renters insurance policy to see if these items are covered. Pay particular attention to policy limits which could impact the full value of valuable items like jewelry and electronics if stolen, lost or damaged in fire or flood. Many people think that home insurance covers the full value of these items. If not, you may want to consider an affordable valuable article insurance to make up the difference. This will ensure you will get the full value of the sentimental engagement ring or Rolex watch.
We know that a loss of a valuable item can be devastating whether it’s theft, catastrophic event or loss. Getting the full value of the item won’t make up fully for the sentimental value but will help in the best replacement of the valuable article. It’s in your best interest to fully protect those valuables.
Finally, make sure you take the necessary precautions to protect your valuables such as buying and using a home safe for that expensive watch or necklace
Insuring your valuable is easy through Bates Insurance which can provide comprehensive coverage through its valuable articles insurance.