Does Renter’s Insurance Cover Collectible Items In California?

Renters in Temecula, CA who are avid collectors may want to consider investing in additional insurance. This may not be the case when you have a collection of valuable items and believe your renters’ insurance will cover a loss or losses. To learn the steps to take to protect your investments, speak with one of our knowledgeable agents at Friant Insurance Agency about coverage.

What Type of Insurance is Needed for Collectibles?

The type of coverage you need for your collectible items, such as artwork or vintage jewelry, can vary. The amount of coverage you need to protect these items depends on their value. In some cases, your renter’s insurance may include coverage of the collectible at its full value if that value falls within the scope of your policy’s maximum coverage.

When considering coverage, it is important to have your collectibles appraised so that our agent can recommend the appropriate steps to take. This may be achieved by increasing the amount of coverage your policy provides, which will cover the value of the collectibles. If the value of your collectibles still exceeds the policy’s coverage, you may add an endorsement, aka a scheduled rider, to your existing renter’s policy. If your collection has an extremely high dollar value, you may need to purchase a separate policy to ensure protection for your collectibles.

Our agents are well-versed in providing the information you need to make an informed decision about protecting your investment in high-value items.

Contact Our Agents

To protect your Temecula, CA collectibles, you can rely on our team at Friant Insurance Agency. We will discuss coverage, riders, and what is not covered in your renter’s insurance or rider regarding collectibles to help you make an informed decision.