Do You Have Enough Insurance Coverage for Your Valuables?

Homeowners’ insurance policies typically include a clause that covers the cost of replacing valuables lost to theft or other types of calamities. Unfortunately, many people discover the hard way that their insurance coverage isn’t enough to replace everything that was lost. At The Pivotal Insurance Agency LLC, serving Louisa, VA, we’re here to help you ensure you have adequate insurance for your valuables. Here’s why you should review what your current policy covers.

Why You Should Increase Your Limit

Valuables tend to fluctuate in price over time. Precious metals often increase in value, as does rare artwork. You need to make sure your policy has an adequate limit to cover the current value of your valuables. Not having enough coverage means you’ll have to pay for the replacement or suffer the loss of the item forever. Increasing your maximum coverage or obtaining appropriate coverage ensures you can be made whole again after a loss.

You May Need a Separate Policy

If you have a large collection of valuables or a few high-value items, you may need a separate policy. This is because the items may be worth more than the payout limit of your standard policy. In such cases, you should talk to an insurance agent about getting your items appraised and determining the type of coverage you need.

Give Us a Call to Learn More About Protecting Your Valuables

At The Pivotal Insurance Agency LLC, serving Louisa, VA, we work with you to determine the type and amount of coverage needed to protect against loss. Our goal is to find you a policy that reflects the current value of your valuables and helps you recover from different types of calamities. Get in touch with us today to learn more about insuring your valuables against loss.