If you own valuables, rare antiques, and other collectibles, you might be concerned about preserving these possessions. In such cases, you may want to consider additional home insurance coverage for these items.
Understanding Coverage Basics
Your home insurance policy typically covers the residential structure you live in and some of the possessions stored within your home. However, if the insurance limits prevent you from covering all your high-value items, you might want to seek add-on home insurance coverage specifically designed to protect valuables and cherished items. This type of insurance will protect your items during unforeseen incidents that result in damage.
Reviewing Your Possessions
It’s important to familiarize yourself with the coverage your home insurance policy provides. When reviewing your home insurance documents, take note of the personal possessions covered by the policy. Your insurance documents will state the coverage cap, which is the maximum amount of coverage you would have if an unforeseen event damaged your possessions.
Deciding on Insurance Coverage
Inventory the valuables, collectibles, and other items you would like to insure. If you’re uncertain about the value of some items, it might be beneficial to get them appraised. Once the appraisal process is complete, decide how much insurance coverage you need. This coverage will protect you in a wide range of scenarios.
For instance, if your items are destroyed during a natural disaster, the coverage you have obtained may cover the cost of cleaning or repairing personal possessions affected by the disaster.
Securing Insurance in Griswold
Contact one of our agents from Trahan Insurance Agency LLC. They will provide advice about the home insurance you need.