Does Homeowners Insurance Cover A Lost Ring?

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   Ryan Andrew

   President, The Andrew Agency, Richmond, VA

   Homeowners insurance covers personal property "any where in the world" however, most policies cover personal property on a named peril basis. Unfortunately losing something is not a named peril. Examples of named perils are fire, theft, and lightning. When it comes to jewelry, I always recommend a separate jewelry policy referred to as an Inland Marine policy. Inland Marine policies are "all risk" policies so even if you lose a scheduled item it's covered.

   Answered on July 2, 2013

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