Valuable Items Insurance in Chicago — Cover What Standard Policies Won't
Your homeowners or renters policy has strict sub-limits on jewelry, watches, art, furs, firearms, and collectibles — often just $1,000–$2,500 for theft. If you own an engagement ring, a fine-art piece, or a serious collection, a scheduled valuable items policy (a "floater") covers the true value with far broader protection.
What a Floater Adds
- Full appraised value — agreed value coverage, not a low sub-limit.
- All-risk protection — including accidental loss and mysterious disappearance, not just theft.
- No deductible on most scheduled items.
- Worldwide coverage — your ring is covered on vacation, not just at home.
How It Works
You provide an appraisal or receipt, the item is scheduled on the policy, and it's covered for its stated value. It's inexpensive relative to what it protects — and it means a lost stone or a stolen watch is a claim, not a heartbreak. An independent agent helps you decide what to schedule and what your base policy already handles.