If you have some valuable curios, a gun collection or some silverware in your
home, you might think they are covered by your home owner’s insurance
policy. But if they were to be stolen or destroyed, you might discover that
you’re not covered like you thought you were.
Brett Labrum is an insurance agent with Main Street Insurance in St. George
and explains what you have to do to be properly covered.
Certain items do have special limits of coverage under your policy. For
· Money & Precious Metals $250
· Securities & Manuscripts & Stamps $1,000
· Jewelry, Watches, Precious Stones & Furs $1,000
· Silverware, Goldware, Pewterware $5,000
· Guns $2,500
· Trading Cards $1,000
Many people have items in their home that they have collected over the years
that are of great value. The proper way to insure these items is to “schedule”
them on your insurance policy.
When you schedule specific items on your insurance policy, this simply
means that you want the insurance company to pay special attention to that
item in the event that it is lost or destroyed. The best way to do this is to
make a list of those special items that you own, and submit that list with
their appraised value to your insurance company and ask them to schedule
them on your home owner’s policy.
The first step is to make a list of the items that you have. Let’s say that you
have a collection of Lladro figurines. I would make a list of each item. The
2nd step is to obtain the appraised value of those items. You might need to
take pictures, or simply take the list to a salesman and they will provide you
with the appraised value of your collection. The final step is to submit that
list along with a copy of the appraisal to your insurance agent so they can be
properly listed on your policy.
This list provides you with evidence or proof that you actually owned the
item. Sometimes, in the event of a fire or other disaster, it’s difficult to
remember just exactly the items that you owned.
Second, when scheduling an item on your insurance policy, you have the
option of selecting separate deductible amounts for each item scheduled.
Finally, scheduling provides extra coverage that might not be available for
your personal property under your policy. For example: Mysterious
disappearance of an item would be covered for a scheduled item where it
might not be covered for a non-scheduled item.
Brett represents Auto-Owners Insurance which has other benefits. Auto
Owners is the only A++ rated Independent Insurance Carrier in the state of
Auto Owners not only is a great insurance company for your personal and
business insurance needs, but they are also a FANTASTIC life insurance
One of the great things about Auto Owners life insurance is that they have a
“no needles” program. This program is for life insurance policies that are
If the amount is under $250,000, then you qualify for the “Saliva Test”. In
fact, this test can be done in Brett’s office. It’s simple really. All you do is
stick a cotton swab next to your tongue for a few minutes. We make sure it’s
well saturated. Then it is sent to the lab. It determines if you use nicotine,
and if you are HIV positive.