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Property & Casualty Blog

February
2017

Have Some New Jewelry In The House? Protect It!

Ah, Valentine’s Day is near, and love is in the air. It’s exciting to receive jewelry from a loved one – or to give as a gift. Not to mention romantic. But if you’re lucky enough to have some new jewelry in your home this Valentine’s Day, you should take a few minutes to think about something you probably don’t find exciting or romantic: insurance.

Things to consider when insuring jewelry:

You may need to purchase additional coverage. Your homeowners’ policy covers valuable items such as jewelry only up to set amounts. If the cost of replacing your jewelry exceeds that limit, you will want to purchase scheduled personal coverage. You can check your policy or give us a call at 972-385-0933.

Do you need an appraisal? You may need to have an independent appraisal if the insurance company requires it or if you don’t know the value of the jewelry. Each item should be listed with a description and value on paper.

What kind of coverage is offered? You’ll want to determine if items are covered no matter where they are, and if the policy offers full replacement cost. You also should ask if you will be required to replace your jewelry if lost or stolen, or if you can simply keep the cash settlement.

Pictures can be helpful. Lost or stolen pieces of jewelry sometimes can be recreated if the jeweler has a good photograph to work from.

Here’s hoping your Valentine’s Day is full of fun and romance. And if there’s no jewelry involved, well… there’s always next year!

Contact Us!

At Glazer P&C, we can work with you to make sure you've got the coverage you need, while at the same time using all possible credits and discounts to make that coverage affordable. Just give us a call at 972-385-0933 or send us a note at jmurray@glazerfinancial.com. We want to help you meet your goals, and make sure what's important to you is protected!

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At Glazer P&C we truly value having you as a client. If you know anyone who needs an insurance review, and is looking to shop the market, Please send them our way!

Your referrals are greatly appreciated. Thank you for your trust in us.

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Securities offered through Kovack Securities, Inc. Member FINRA / SIPC.
6451 N. Federal Highway, Suite 1201, Ft. Lauderdale, FL 33308 (954) 782-4771.
Advisory Services offered through GFN Capital Management a Registered Investment Advisor.
GFN Capital Management and Glazer Capital Management are not affiliated
with Kovack Securities, Inc or Kovack Advisors, Inc.

Glazer Financial Network is located at
13747 Montfort Drive, Suite 350
Dallas, TX 75240