basic homeowners policy sublimit of $1,500 to $3,000 on a blanket policy may be all that is needed. Blanket coverage may be more cost-effective than scheduling each item. However, check with your insurer to understand if the items you want to insure can be covered under a blanket policy...
And while your basic renters or homeowners insurance policy does offer protection for valuables like jewelry against perils like theft, there’s some fine print. Your base policy would only cover jewelry theft up to $1,500 (in insurance speak, we call that amount ‘the sublimit’). In this ...
Your insurance company may pay only up to a certain amount for jewelry, guns and other specified items. (In some cases, the sublimit applies to theft only.) Below are the items that are most commonly subject to sublimits: Electronics. ...
Mold is covered only if it’s caused by a specific peril such as fire, lightning, ice, a burst pipe, and so on. The mold has to be hidden in the walls, ceilings, or beneath floors to be covered. (Some policies offer mold coverageendorsements, which can extend the coverage if you’r...
Finally, filing a claim for a stolen or damaged piece of jewelry can lead to higher policy premiums. Consider this option if:You don’t own much jewelry or the pieces you own aren’t worth more than your policy's jewelry sublimit. ...
DarthSublimitas said: I said fck and got an infraction - what am I supposed to do now - cry??? boo hoo hoo. What does that mean? Will they take my lightsabre away from me? This thread is constructive and insightful, and I wish to subscribe to your newsletter Trineda Members 1.4k...