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Understanding the Insurance Implications of Expensive Gifts
If you’re giving (or hoping to receive) a luxury ticket item
for the holiday season don’t forget to protect it While homeowners insurance will cover belongings in in in the event of a a a a a a fire or or a a a a a a natural disaster coverage for the the theft of o expensive items is often limited following these steps will safeguard your new gift You may be able to protect your your gift by raising your your policy’s liability limit with an endorsement You could also invest in in a a a a a personal articles policy
or “floater ” to cover the loss
of individual
items Whichever option you choose