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Valentine's Day is right around the corner.  Which means LOTS of expensive gifts will be exchanged.  Well, let's face it guys-you'll be doing the majority of the giving.  Valentine's Day gift buying will tally approximately $17 billion in retail sales.  That's a lot of jewelry and chocolate!!

Be sure to call your insurance agent to make sure your new gift is covered on your homeowners policy.  Typically policies will have limits and sub-limits that cap losses to a certain dollar amount.  Also, most homeowners policies only cover "named perils" such as:  fire, windstorm and lightning.  As you can see, that excludes "mysterious disappearance" or your dog snacking on your diamond engagement ring.

For "special" or "all-risk" coverage you just need to endorse your home policy by scheduling/adding your valuable.  It's very easy and very affordable.  Also, it's always helpful to keep photos, receipts or appraisals for items in a safe place in case of a loss.

Call us with any questions.

Happy Valentine's Day to all!!!
Posted 12:57 PM

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