Whenever you purchase an item with considerable value like jewelry, you should:
1. Check your insurance coverage.
2. Have the item or gift appraised. This can help in establishing the value of the item. If the jewelry is an antique or was purchased several years ago, it will need to be appraised for a dollar value.
3. Keep your store receipt with your home inventory records and take a picture of the item. Photos and documentation will help speed up the claims process if you have to file a claim.
4. Store the item in a secure location. If it is something that you don’t use on a regular basis, you may want to consider keeping it in a safe deposit box.
Call your agent today to make sure you have appropriate coverage for your jewelry!
