Scheduling Under Homeowners

SCHEDULING ITEMS UNDER YOUR HOMEOWNERS INSURANCE

Perhaps it's the latest electronic gadget or large screen hi-def television, or new sporting goods gear or maybe a piece of sparkling jewelry. If you happen to receive or purchase a particularly expensive item, you may consider purchasing extra protection, just in case.

Why would I need to schedule valuable items?

The protection provided for personal property under the typical homeowners, condo or renters policy is very broad, and includes coverage for your furniture, clothing, and appliances. It only provides limited coverage for valuable items such as jewelry, silverware, furs, and art. It may not cover some types of loss that may be important to you, such as the stone falling out of your diamond ring, your china being accidentally broken or your rare coins being stolen.

What types of property can be covered?

Here's a quick listing of some of the items typically covered:

cameras (video or still) and related equipment
china and crystal
coins (rare and current)
firearms
furs
golfer's equipment
jewelry
musical instruments
personal computers
stamps (rare and current)
silverware
works of fine art, including paintings, etchings, pictures and other bona fide works of art (such as oriental rugs, statuary, rare books, manuscripts and bric-a-brac) of rarity, historical value or artistic merit.

If you own something of value that is not listed above, it may still be eligible for coverage.

How to Schedule Personal Property

The process for scheduling valuable personal property differs from one insurance company to another. The insurance company keeps copies of appraisals or recent receipts for the items on file. The dollar amount of the value of the items added determines the price of scheduled property insurance.

Scheduling items allows you to purchase better protection for your special property than would be available under the typical homeowners policy. In addition to being able to purchase higher limits of coverage, more perils are covered.

Contact

LECHNER & STAUFFER, INC.
589 Main Street
Pennsburg, PA 18073-0026

Office Hours: M-F 8am-5pm
Tel: 215-679-9568
Toll Free: 800-227-3907
Fax: 215-679-4348
Email: info@nulllechnerstauffer.com

Site Translator


Recent Posts

Stay safe while enjoying the water this summer. As we enter the start of summer, people will spend more time on the water skiing, boating and riding personal watercraft. But with more [...more]
VIEW THIS POST → Refresher on Water Sport and Boating Safety

There are roughly 40 million wood decks in use across the U.S., most of them between 10 and 15 years old, according to the North American Deck and Railing Association [...more]
VIEW THIS POST → Time to Inspect Your Deck

Careful planning can help keep summer camp fun and safe. Spring is a busy season for parents reserving spots for their children in summer camps and activities, and many health, tennis, [...more]
VIEW THIS POST → Building A Better Summer Camp Experience

Remember insurance needs when flipping a house. It's now a popular reality TV show scenario: A young, ambitious couple purchases a foreclosed property and flips it for a huge profit. This [...more]
VIEW THIS POST → The Insurance Side of House Flipping

Count the doors between your room and the exit. An estimated 3,900 hotel and motel fires are reported each year in the United States. Use these tips to ensure that you [...more]
VIEW THIS POST → Planning a Hotel or Motel Stay? Think About Fire Safety

Post Archives


Subscribe For Updates

Don't Miss It: Signup for our e-list and we'll automatically send you occasional updates about new items posted to our site.

When signing up you will initially receive a confirmation email requiring your approval to complete the registration. Our strict privacy policy keeps your email address 100% safe & secure.