Jewelry & Scheduled Property Quote
Why Your Homeowners Policy Isn't Enough for Your Jewelry
Most homeowners insurance policies include personal property coverage — but that coverage comes with sublimits for specific high-value categories, and jewelry is almost always one of them. A standard HO-3 policy typically caps jewelry, watches, and gems at $1,500 to $2,500 for theft losses, regardless of how much your actual collection is worth. A single engagement ring, a family heirloom necklace, or a luxury watch can easily exceed that cap. Worse, the standard sublimit applies to theft specifically; many policies offer even less for mysterious disappearance — one of the most common ways jewelry is actually lost. TCDS Insurance Agency is a licensed independent insurance agency serving Alabama, Georgia, and Tennessee, and we shop 50+ carriers to find the right jewelry and scheduled personal property coverage for your needs. Quotes are always free.
Scheduled Personal Property: Itemized vs. Blanket Coverage
There are two main approaches to insuring jewelry above the standard sublimit:
- Scheduled (itemized) coverage — Each piece is listed individually on the policy with its own agreed or appraised value. At claim time, you're paid the scheduled amount with no depreciation and typically no deductible. This is the most precise and usually the most comprehensive approach for high-value individual pieces.
- Blanket jewelry floater — A single coverage limit applies to your entire collection without itemizing each piece. Easier to manage if you have many pieces of moderate value, but a single high-value item may be underrepresented within the blanket limit. Some blanket policies still require an appraisal above a certain per-item threshold.
For most clients with one or more pieces valued above $3,000–$5,000, TCDS recommends itemized scheduling with a current appraisal to ensure each piece is fully protected.
What Does a Jewelry Floater Cover That Standard HO-3 Doesn't?
A scheduled personal property endorsement or standalone jewelry floater typically covers:
- Mysterious disappearance — Coverage for a ring that slips off your finger and is never found, or a piece you simply can't locate. Standard HO-3 policies frequently exclude this.
- Accidental breakage — Covers a broken clasp, a cracked stone, or damaged setting from everyday wear.
- Travel coverage — Your jewelry is covered worldwide, not just at your insured residence. Whether you're traveling to Atlanta, Nashville, or internationally, your pieces travel with protection.
- Full theft coverage — No sublimit applies; you're paid up to the scheduled value of each piece.
Appraisal Requirements
Most carriers require a current professional appraisal — typically no more than 3–5 years old — to schedule a piece above a certain value threshold. For engagement rings and fine jewelry, a certified gemologist appraisal that includes a detailed description of metal type, stone quality, carat weight, and cut is standard. If your jewelry was appraised several years ago, a refresh may be needed not just for insurance purposes but because replacement costs for diamonds and precious metals have shifted significantly. TCDS will walk you through the documentation process to make scheduling as straightforward as possible.
What Does Jewelry Insurance Cost?
Scheduled jewelry coverage typically costs between 1% and 2% of appraised value per year. A $5,000 engagement ring might cost $50–$100 annually to schedule; a $20,000 collection might run $200–$400 per year. Rates vary by carrier, storage practices (home safe vs. bank safe deposit box), and your location and claims history. Some carriers offer modest discounts for pieces stored in a home safe or bank vault.
Get a Free Jewelry Insurance Quote from TCDS
TCDS Insurance Agency shops 50+ carriers to find the right scheduled personal property or jewelry floater for clients in Alabama, Georgia, and Tennessee. As an independent agency, we compare options across the market and help you understand exactly what you're buying before you commit.
Contact TCDS today for your free jewelry insurance quote. Bring your current appraisals if you have them — and if you don't, we'll help you understand what you need to get started.