Does My Homeowners Insurance Cover Lost Wedding Ring?
14231 POINTSview profileTom SheehanAgency Owner, The Thomas G Sheehan Agency, 27 Glen Road Sandy Hook, CT 06482Great question. Generally no, your Homeowners' policy will not cover for anything that is lost. This is referred to as "Mysterious Disappearance" in your policy documents and is usually listed as a specific exclusion. That having been said, you can certainly obtain coverage for such a loss by working with your insurance professional and asking that the item be insured specifically either as a rider which is attached to your Homeowners' policy or as a stand alone separate policy. You will need to provide a current appraisal and the item would be insured to the stated amount on the appraisal. Such riders or separate policies (commonly referred to as "Personal Inland Marine") include much broader coverage than does a standard Homeowners policy and will cover for such a loss.Answered on October 18, 2013flag this answer
16470 POINTSview profileDavid OsgoodAgent, Rural Mutual Insurance Co., Union Grove, WIGreat answer by Tom. Remember even items covered under an endorsement may be subject to a deductible and possible exclusions. Many homeowners policies limit the amount of coverage provided for personal items. These items would typically be covered under an endorsement and as Tom had stated previously covered for a stated amount or an appraised value.Answered on October 18, 2013flag this answer
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