Does Homeowners Insurance Cover A Lost Diamond?
12689 POINTSview profileTed RatliffOwner, SFS Associates,If the jewelry is a scheduled item it would cover it in most cases. Scheduling an item means that it is specifically listed on the policy for an appraised amount. If you own expensive items it is always best to get them appraised and scheduled. Jewelry is covered under a homeowners policy for specific perils, but only up to an aggregate limit. Check with your agent and have him review your coverage with you.Answered on April 28, 2013flag this answer
7647 POINTSview profileMark Bartlett CLCSBranch Owner, TWFG Insurance Services, Fremont California and the Greater Bay Area Representing Dozens of Insurance CarriersLoss is not a covered peril of a homeowners policy. To cover loss an item should be scheduled on either on a homeowners policy or a separate policy can be purchased. This type of coverage could pick up a loss under the coverage mysterious disappearance. I recommend anyone with jewelry in value over $1,500 to consult their agent.Answered on April 28, 2013flag this answer- 617 POINTSview profileWaltere KotiPrincipal Agent, First Insurance Agency Inc, United StatesLost diamond is not generally covered on a homeowners policy. To cover lost diamond on a home owners policy it has to be schedule. Scheduling an items means that the item has to identified by name and assigned its worth by a dollar amount. Just like fur coat and other expensive items are not covered, diamond is not covered.Answered on June 19, 2015flag this answer
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