5 Valuables Your Homeowners Insurance Hardly Covers

Diamond RingsAccording to the FBI, home break-in (burglary) is the most common threat to our homes. Each year approximately 2,000,000 home burglaries are reported in the U.S. with one occurring approximately every 13 seconds. The average dollar loss per burglary is roughly $2,185. Once you factor in the limited homeowners insurance coverage on Mom’s sparkling new diamond ring or Dad’s new hunting rifle, you may never come close to recouping the loss.

Earlier this year we shared 10 Tips to Help Keep Your Home Protected While on Vacation. One of the tips highly recommended is making it a priority to know your homeowners insurance policy coverage. What might surprise you are the limitations for theft coverage for many valuable items. A typical homeowners policy includes coverage for your personal property, i.e. furniture, clothes, etc. But all homeowners policies have theft limitation for items including but not limited to:

  1. Jewelry, Watches & Furs (typical limit is $2,500)
  2. Firearms
  3. Silver, Gold & Pewter
  4. Money & Securities
  5. Stamps & Coins

A separate policy called a Scheduled Personal Property (SPP) policy can be added for these items. The policy schedules each item specifically for the value you determine for an additional premium. Call the professionals at Sleek & Williamson today to learn more about adding a SPP policy.

If you do experience a home invasion, please call our office first before filing an insurance claim. We will advise you on the proper procedures for filing a claim and be there for you every step of the way.

Contact us today to sit down and discuss your policy and where we can fill in the gaps. At Sleek & Williamson, we strive to provide the best coverage for our clients to protect your loved ones and assets. No matter what life situation crosses your path, you can depend on the team at Sleek & Williamson to have you covered. Contact us today at (770) 489-2403.




The information on this site is general in nature. Any description of coverage is necessarily simplified. Whether a particular loss is covered depends on the specific facts and the provisions, exclusions and limits of the actual policy. Nothing on this site alters the terms or conditions of any of our policies. You should read the policy for a complete description of coverage. Coverage options, limits, discounts and deductibles are subject to availability and to individuals meeting our underwriting criteria. Not all features available in all areas.