Not all belongings in your home are treated alike by insurance companies. While you do expect to have enough coverage to replace belongings within your home in the event of theft, vandalism, a storm, or a fire, many items that are considered high value are subject to sub-limits, meaning you won’t have enough coverage for certain things if you don’t plan ahead.
So, what is considered high value? What are the limits? Here’s what you need to know about what qualifies as high value so you can make an educated buying decision when you invest in home insurance. Ready to start shopping? Start here with the team at Rowledge & Falvo Insurance Agency, serving Scotia, NY. We’ll help you find and compare home insurance policies to expedite the insurance buying process.
What Belongings Does Your Home Insurance Consider High Value?
Pretty much anything that you might consider to be high value is going to be considered valuable by insurance companies. This includes (but is not limited to) items like vintage designer clothing, expensive jewelry, costly artwork, and anything that costs substantially more than most other belongings in your home. Limits will vary, but most home insurance policies also have sub-limits. For example, your home insurance policy might only cover $2,500 of stolen jewelry, which can be devastating if thieves steal far more and you’re unable to get the coverage you need to replace it. Ask your agent about extra insurance for your valuables, lest your home insurance policy only cover the less expensive items in your home.
Cover Your Valuables and Other Important Items With Rowledge & Falvo Insurance Agency
Our agents at Rowledge & Falvo Insurance Agency, serving Scotia, NY, weill help you source home insurance that provides the comprehensive coverage you need to keep your home and contents safe. Compare quotes with us!
