If you’re a homeowner you may have some questions about the special items within your home, such as “Should I insure my engagement ring?” The answer is very likely yes. Homeowners insurance has a maximum amount that is usually covered for individual items within a home, and there is also a total coverage amount. Expensive items of jewelry as well as fine art usually need to be insured separately.

If you don’t want to get separate insurance policies for each item within your home, you can also extend your homeowners insurance policy with specific riders for the items that you need insured. The important thing is that you discuss your insurance needs with your insurance agent, because they will be able to help you determine the most inexpensive way that you can cover all of your items.

You should also keep in mind the fact that you need to maintain a complete inventory of the items in your home to ensure that they will be covered. Otherwise, in the event of a disaster or theft you won’t be able to list the items that need to be replaced.

For more information about covering jewelry and other items within your home contact the experts at Steve Wilk Insurance.