Valuables Insurance
Valuables Insurance
Standard homeowners and renters policies rarely provide enough protection for valuable possessions. Valuables insurance ensures items like fine jewelry, watches, artwork, wine collections, and rare collectibles are properly covered against loss, theft, or damage.
Prizm works with carriers experienced in high-value coverage, tailoring policies to reflect both the financial and sentimental worth of these assets. With the right protection in place, you and your clients can enjoy peace of mind knowing prized possessions are insured to their full value.
Coverage highlights
Losses in Pairs and Sets: If part of a set, like a single earring, is lost or damaged, you can choose how you would like your coverage to respond. For example, you could repair or replace the lost earring, or you could keep the remaining earring and receive the difference in the pair’s value before and after the loss. Alternatively, you could choose to surrender the remaining earring and receive the scheduled value of the pair
Worldwide Coverage: Your policy gives you the flexibility to travel with your pieces, as coverage extends to losses anywhere in the world
Newly Acquired Items: Insures newly acquired items for the first 90 days of purchase automatically
Market Value Loss Settlement: Receive up to 150 percent of an item’s scheduled value
Mechanical Breakdown: Receive mechanical breakdown coverage if wine spoils due to climate system failure
