Valuable Articles in New York Metro Area, Connecticut, and New Jersey
Responsibly collecting, restoring or owning valuable items requires you to account for various risks and exposures and implement loss control measures to protect your investments. Regardless of how diligent and responsible you may be in maintaining and protecting your valuables, some incidents and perils, such as natural disasters, may be out of your control. With this in mind, you should work with a qualified insurance professional, such as those at John Murphy Insurance, to understand and acquire appropriate coverage for your valuable articles.
What Is Valuable Articles Insurance?
Valuable articles insurance may also be referred to as valuable items insurance, and more specific products, such as collectibles insurance and jewelry insurance, may also be available. Generally, these insurance policies share the same purpose of providing more robust and versatile coverage for your valuables than is typically included in homeowners and renters policies.
What Does Valuable Articles Insurance Cover?
An adequate valuable articles insurance policy may financially protect several types of items, including the following:
- Jewelry
- Fine art
- Wine and spirits
- Collectibles
- Sports memorabilia
- Classic cars
- Designer accessories
Although the capabilities and limitations of valuable articles insurance may vary, your policy may provide compensation for losses and damages arising from incidents such as the following:
- Fire
- Smoke damage
- Theft
- Burglary
- Misplacement
- Hurricanes
- Earthquakes
- Floods
- Tornadoes
Many valuable articles insurance policies may protect your belongings regardless of where you take them, meaning that even if an item is stolen or misplaced while traveling, you may be able to recoup your losses.
Should You Get Valuable Articles Insurance?
Valuable articles insurance is integral to financially protect your prized possessions, interests and investments. Coverage for your belongings under a standard homeowners or renters insurance policy is often insufficient for particularly valuable items. So, acquiring and maintaining appropriate valuable articles insurance should be a top priority.
Get the Right Coverage
With over 25 years of experience serving families, individuals and businesses in the New York Metro Area, Connecticut, and New Jersey, John Murphy Insurance is well-equipped to help you assess and address your valuable articles coverage needs. Contact us today to get started.