When you’re deciding on a scheduled personal property insurance plan, you likely have many questions. We’re here to help provide these answers and find you a plan that works for you.
What are the benefits of scheduled property insurance?
Scheduled personal property insurance provides more extensive coverage for the loss or damage of your property than standard home insurance.
Additionally, scheduled personal property insurance offers you the cost of replacing your lost or stolen property, rather than its cash value as is the case with homeowner’s insurance claims. This means depreciation is not considered and you’re likely to receive a higher payout.
What does scheduled property insurance cover in Salt Lake City?
When you purchase scheduled personal property insurance, you provide an itemized list of your most valued possessions, and you’ll tend to be covered for a greater number of risks and higher coverage limits.
This list of items will vary for every homeowner, but they can include items such as:
- Furs and costumes
- Art, antiques, sculptures
- Stamp or coin collections
- Musical instruments
The nature of many of these items means their value fluctuates. Regular appraisals are recommended to make sure your claims are accurate.
Contact Salt Lake City Insurance today to learn more about scheduled property insurance and we’ll help you find a plan that suits your needs and your budget.