Insuring Your Mother’s Day Gift
Mother’s Day will be here before we know it. In case you didn’t know, Mother’s Day is on May 12. You are most likely planning to get your mother something small and inexpensive for Mother’s Day; perhaps you’re planning on buying her some flowers or a nice card. But perhaps this is a special Mother’s Day, and you are buying your mom a more expensive present. Before you buy this present, however, it is important to think about the insurance options for the jewelry she already owns.
Why should your mother get insurance on jewelry she already owns? The reason is simple: things happen. Jewelry is very easy to misplace, lose down the drain, or leave behind somewhere. Jewelry is even often stolen out of the home of the owner.
What are you insurance options? Many homeowners insurance policies offer some coverage for jewelry. But what you need to do is make sure that you “schedule” your jewelry on the policy. Scheduling your jewelry means that you specifically list it on your insurance policy. It is important to know that you have to pay an extra premium for scheduling the jewelry, but there is no deductible and you will get coverage for that specific piece of jewelry beyond what you’d normally get with your homeowner’s policy.
Many people don’t think that scheduling their jewelry is worth the hassle. But won’t you think differently when your mother accidently leaves her wedding rings at a rest stop? Get insurance on your valuable jewelry today to avoid such pain in the future.
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