Scheduled Personal Property: Jewelry, Art & Collectibles?

Scheduling jewelry, art, and collectibles removes low sublimits and deductibles. Learn how New York homeowners protect high-value items properly.

How much does scheduling jewelry cost?

Typically a small annual premium per thousand dollars of value, and rates vary by item type and location. It's usually inexpensive relative to replacing the item.

Do I need an appraisal for every item?

Most carriers require appraisals above a value threshold. Below it, a detailed receipt and photographs are often enough.

Does scheduling cover losing an item?

Usually yes. Scheduled property coverage commonly includes accidental loss and mysterious disappearance, which base contents coverage excludes.

What happens if my item appreciated in value?

You could be underinsured at the old scheduled amount. Update the appraisal and the schedule every few years, especially for gold, gemstones, and art.

Policy & Money Question

What Is Scheduled Personal Property Coverage?

Scheduled personal property coverage insures specific high-value items — jewelry, watches, fine art, furs, silver, firearms, collectibles — individually by description and appraised value, replacing the low sublimits in your base policy. Standard homeowners forms cap jewelry theft around $1,500 to $2,500 regardless of value, and scheduling also typically removes the deductible and adds mysterious-disappearance coverage. Call 516-410-0164 for a free claim review.

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The Sublimits Most People Don't Know About

Your contents coverage may be $250,000, but the fine print imposes category caps: jewelry and watches for theft, silverware, firearms, and business property each have their own low ceiling. A stolen $18,000 engagement ring may be paid at $1,500.

Scheduling that ring for its appraised value pays the full amount, and typically covers more causes of loss — including simply losing it — than your base contents coverage does.

What You Need to Schedule an Item

Carriers require documentation of identity and value, and appraisals should be refreshed periodically as values change.

A current appraisal from a qualified appraiser

Purchase receipts and certificates where available

Detailed photographs of each item

Serial numbers for watches and firearms

Updated appraisals every three to five years

A home inventory stored off site or in the cloud

Key Takeaways

Base policies cap jewelry theft near $1,500–$2,500
Scheduled items are insured individually at appraised value
Scheduling usually removes the deductible for those items
Adds coverage for accidental loss and mysterious disappearance

Licensed in New York

Kevin Godfrey, License #PA-1156995 · 22+ years experience · Fees 6–12% (NY cap 12.5%)

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Scheduled Property Questions

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