So you delighted your spouse or significant other with a gift of jewelry for Valentine’s Day this year; now all you have to do is sit back and bask in the glow of appreciation, right?

Wrong, a call to your insurance agent is in order.

Most insurance policies have limitations on how much they will pay out for jewelry, and sometime *what* is covered can be limited as well (ie, they won’t cover losing a ring).

The best way to make sure that your thoughtful gift keeps on giving is to add it to your homeowner’s or renter’s policy on what’s known as a “floater” or “inland marine floater” or “jewelry floater”. These handy little things give you coverage for specific items (a piece of jewelry or a collectible or artwork. etc) at a specific valuation (so keep your receipt or appraisal handy). Floaters will typically cover more causes of loss and are valued differently that just having it covered as “contents” or “personal property” on your homeowner’s policy.

If in doubt, give us a call and we can advise on how that new purchase would best be covered in your insurance program.


Since 1939, Hurley Insurance has been serving the personal insurance, business insurance and life insurance needs of all of Lawrence and Scioto Counties in Ohio. A long time Grange independent insurance agency located in Ironton, OH, Hurley Insurance has deep roots in the community, and is committed to providing the highest quality local service to our clients.