What is the most comprehensive insurance option for high-valued jewelry?

The most comprehensive insurance option for high-valued jewelry is the Personal Articles Floater. This type of policy provides specific coverage for individual items of personal property, including high-valued jewelry, without the limitations often found in standard homeowners insurance policies.

A Personal Articles Floater offers several advantages: it typically covers the full replacement value of the items listed, even for losses that occur outside the home, such as theft or accidental damage. Moreover, it allows the policyholder to insure items for their appraised value, ensuring that any loss will be covered adequately without depreciation.

While a homeowners policy can provide some level of coverage for personal possessions, it may not fully cover high-value items or might impose limits on the amount payable for jewelry in the event of a loss. Other options, such as a Jewelry Limit Endorsement or a Scheduled Personal Property Endorsement, might offer additional coverage but often have restrictions or are only applicable in conjunction with a homeowners policy. Therefore, the Personal Articles Floater stands out as the most tailored and comprehensive solution for protecting high-valued jewelry.