ASK almost anyone about insurance on jewelry and you hear, “Oh, it’s covered by my home insurance policy.”Not exactly.
True, nearly every home insurance policy in America comes with a provision that pays for stolen jewelry. But that provision is very small. Many policies pay up to $2,500 for a stolen item, regardless of how expensive it may be. Some pay as little as $1,000, and a few provide coverage of up to $5,000.[read more]
