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Jewelry & Valuables Insurance Utah | Scheduled Personal Property — Canyon Insurance
Personal Insurance

Jewelry & Valuables Insurance in Utah

Your homeowners policy caps jewelry claims at $1,000–$2,500. If your engagement ring, watch collection, or fine art is worth more than that — you need scheduled personal property coverage.

What Does Valuables Insurance Cover?

Scheduled personal property insurance (also called a floater or rider) provides full replacement value coverage for your most valuable items.

01

Jewelry & Watches

Covers engagement rings, wedding bands, luxury watches, and fine jewelry at appraised value.

02

Fine Art & Collectibles

Covers paintings, sculptures, antiques, and other collectible items.

03

Musical Instruments

Covers high-value instruments whether at home, in transit, or at performances.

04

Firearms Collection

Covers gun collections beyond your homeowners policy's standard limits.

05

Wine & Spirits Collection

Covers curated wine cellars and rare spirit collections.

06

Sports Memorabilia

Covers signed items, trading cards, and sports collectibles at appraised value.

Who Needs Valuables Coverage?

If you own any single item worth more than your homeowners policy's special limits (usually $1,000–$2,500 for jewelry), you need scheduled coverage.

  • Anyone with an engagement ring or fine jewelry
  • Watch collectors
  • Art collectors
  • Musical instrument owners
  • Firearms collectors
  • Anyone with valuables exceeding homeowners limits

Valuables Insurance in Utah

Most Utah homeowners policies limit jewelry claims to $1,000–$2,500 total and have similar caps for other categories. If your engagement ring alone is worth $5,000+, you're significantly under-insured without a scheduled rider. Valuables insurance typically costs 1–2% of the item's appraised value per year — so insuring a $10,000 ring costs roughly $100–$200/year. Coverage is comprehensive: loss, theft, disappearance, damage — even accidentally dropping your ring down a drain.

Common Questions

Roughly 1–2% of the appraised value per year. A $10,000 ring costs about $100–$200/year to insure.

Yes. Most carriers require a professional appraisal for items over $5,000. We can recommend trusted local appraisers.

Scheduled personal property coverage covers mysterious disappearance — unlike your homeowners policy, which requires proof of theft.

Yes, as a scheduled rider (endorsement). Some carriers also offer standalone valuables policies. We'll find the most cost-effective option.

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