Jewelry and Scheduled Personal Property Insurance

As an independent agency, James R. Weir Insurance writes policies with companies that specialize in insuring high-value personal property. One of our agents will be happy to help you arrange for any necessary appraisals and determine whether jewelry, collectibles, antiques, custom vehicles or art require separate policies. You may be adequately insured with a scheduled property endorsement to your renters or home insurance policy.

We also recommend you contact your agent in the event of any high-value acquisitions, and meet with your agent annually to review your personal property inventory.

Scheduled Personal Property Endorsements

Items insured beyond standard policy limits are referred to as scheduled property, since they are itemized on a renters or home insurance policy. Endorsements can cover any type of personal property, including the following:

• Jewelry and watches
• Antiques
• Computer equipment
• Sports or hunting gear
• Musical instruments
• Valuable collectibles and collections

Conduct a Home Inventory and Arrange for Appraisals

Few people are fully aware of the value of their jewelry and other possessions. As we acquire property and items appreciate, we lose track of cumulative value. The first step in insuring personal property is an inventory.

Perform a simple home inventory by taking photos or video in every room of your house. Remember to document clothing in all closets, the contents of your attached garage and shelves that may house valuable knick-knacks and collections of books. Take note of any electronics, jewelry or other items that may have significant value. It may be necessary to have them appraised by a professional. Do not overlook items in a safe deposit box, on loan to a family member, or in another location.

An agent at James Weir Insurance will be happy to go over your inventory with you and discuss the need for any appraisals. We will be happy to help you compare insurance quotes and coverage.

Contact our Mankato or Edina, Minnesota, office to speak with an agent.