top of page
  • Jeff Joseph

Is Your Expensive Jewelry Insured?

woman wearing expensive jewelry around her neck

Are Your Treasured Items and Expensive Jewelry Insured?

If you own expensive jewelry or other high-value items, it’s important to know if your home insurance or renters insurance policy will fully cover them in the event of a loss. Whether you own a beautiful antique, an expensive diamond ring, or you’ve made a once-in-a-lifetime purchase of a treasured piece of art, making sure that your most valuable possessions and expensive jewelry are insured if they’re lost or stolen is worth looking into.


Many home insurance policies cover jewelry and other high-value items, but the average coverage is usually limited to $1,000 to $1,500 per item. While this type of policy keeps your homeowners policy costs lower, will it give you peace-of-mind knowing that your investments may not be covered if they are lost or stolen?

What’s the Insurance Solution?

A man's smart watch on his wrist.

Option 1 – Increase the Limits on Your Existing Insurance Policy

By increasing your limits on your current homeowners or renters insurance policy, your jewelry and other valuable belongings will be covered in case of theft or other circumstances.


A row of antique books.

Option 2 – Add a Personal Articles Floater on Your Policy

When the value of a single item exceeds policy limits of your homeowners or renters insurance policy, purchasing a personal articles floater (also known as a PAF) will allow you to list individual items of value that you want covered. This type of policy may be purchased separately or attached to your existing homeowners policy. To learn general information about Mitchell-Joseph Insurance homeowners policies, our website has all of the information you'll need.

What to Do Next

  1. First, you’ll need to find your homeowners insurance policy and learn what the policy’s limits are for valuables. If you’re having trouble understanding your policy, you can always contact us at Mitchell-Joseph Insurance to set up an appointment to review it together.

  2. Next, it’s time to make a list. Move around your home and jot down all the items that are of high valuable. Some things to look for include jewelry, silver, antiques and family heirlooms, and valuable artwork.

  3. Then, add the current valuable to each item on your list, add their current value. If you’re not sure of the actual value of each item, do some research or have the items appraised. Don’t forget to keep written appraisals or receipts which may be required by your insurance company. Once you’ve determined the value of each item, add them up which will give you the total of what you’ll need to insure.

  4. Last, you’ll want to contact one of our Mitchell-Joseph Insurance agents so that we can review your current policy and give you your options. Together we can determine whether it is better to increase the limits of your current homeowners policy or purchase other types of additional policies, like a personal articles floater (PAF). If additional coverage is needed, we will provide a quote to purchase additional insurance.


A painting of lemons on a white towel.
You may need additional insurance coverage on artwork that has value.

Mitchell-Joseph Insurance logo leading to website's homepage


Making sure you have enough home insurance to cover your most treasured possessions will help put your mind at ease. At Mitchell-Joseph Insurance we will explore your options together to find a customized insurance coverage solution. Call us at (585) 624-2180 today.



bottom of page