What type of insurance do you need?

A standard home or renter’s insurance policy typically includes coverage for your personal property. If the belongings in your home were burned to the ground, wiped away by a storm or damaged from another covered peril, your personal property limit would help replace those items. But, is that basic personal property coverage enough?

The Benefits of Scheduling Items 

Scheduled personal property coverage is an optional add-on to your homeowner’s insurance that increases the limits on specific high-value items for more protection. Examples of items that we see scheduled onto policies are:

  • ·         Jewelry and furs
  • ·         Art and antiques
  • ·         Firearms
  • ·         Expensive cameras
  • ·         Stamp or coin collections
  • ·         Musical instruments

3 main benefits we see from scheduling items on your home or renters policy:

1.       Avoiding Sub-Limits

Certain categories of personal valuables like jewelry usually have a “sub-limit”. For example, your policy may show $150,000 limit for personal property but have a sub-limit of $1,500 for jewerly. Any loss of jewelry over that limit would not be covered unless it’s scheduled onto the policy.

2.       No Deductible on Covered Property

If there is a claim on an item that is scheduled on your policy, you’re usually not required to pay a deductible.

3.       Agreed Value

Avoid the debate of how much your valuable is worth by scheduling the limit with proof of recent receipt of professional appraisal.


Scheduling personal property on your policy that has a value over $10,000 can cost as little as $12 a month - for example wedding rings. With this coverage, you can replace your treasured belongings whether they are lost or damaged. Not sure which belongings should be scheduled? Call our office and speak with an agent to help find the right coverage to fit your personal needs, 806-763-7311. We care for your valuables! 

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