Covering Your Valentine’s Day Gift
February 16, 2015
As Valentine’s Day passed, did you pass the gift test by giving your sweetheart a present he or she truly cherishes? Hopefully the answer to that question is yes, so it is important to secure the insurance coverage that gift needs to be enjoyed for years to come.
If you got your loved one a box of chocolates, flowers, or a stuffed animal you probably do not need to worry about adding coverage for your gift. If, however, you went a different route and invested in a more expensive item this year, it is important to understand how to go about insuring jewelry and other pricey items.
The easiest way to get protection for your valuables is through your existing homeowners or renters insurance. If you have not already reached your policy’s limit for the valuable item you are looking to insure, all you need to do is add the item to your home inventory with an official appraisal.
If, however, you have reached your policy’s limit on things like art, jewelry, or furs you can schedule the item into your policy. Scheduled items have protection under your existing policy so you are saved the trouble of taking out a separate policy to protect them. By scheduling your item, you protect your item for the long term.
An expert insurance agent can help you get the protection you need for your Valentine’s Day gifts. Contact Central Insurance Agency in Austin for all of your Texas insurance needs. Our caring team is here to help you get the coverage you need for all of your valued possessions. Do not be left heartbroken if something happens to your gift; call us today!