R.V. Johnson Insurance Call us at 772.287.3366
Contact Us
Stuart: 772.287.3366
Tequesta: 561.745.8894

Contact Us



Art thiefIf you recently inherited property, your first thought may not be to insure it. However, that may be one of the most important decisions you need to make.

Often, a home insurance plan that you already have could provide the coverage. However, you may inherit something that is highly valuable, such as an art collection. At that time, it becomes very important for you to choose the right plan for your needs.

What Is the Value of Your New Inheritance?

The first step when insuring expensive property is to consider the value of the items themselves. If the item is rare or hard to put a price tag on, the first step is to get it appraised.

Turn to a local appraiser for an official value. This will give you a guideline to follow when it comes to protecting your new valuables. Art collections can change in value from time to time. It will be important for individuals to come back to the appraiser every few years. Frequent appraisals can ensure they have an accurate representation of value.

What Is the Limit on Your Existing Home Insurance Plan?

Now, take a look at your current home insurance policy. This policy will cover your personal property up to a certain value. Beyond that, your assets do not have protection.

If you have a high-value art collection, it may exceed the value of your personal property protection. Remember, this covers all your personal property. If an event such as a fire or theft occurs, you will need this limit to be enough to replace all of what you lost.

Extending Your Coverage

Often, a standard personal property level will not be enough to protect a valuable collection. For this reason, you may wish to add a rider onto your existing home insurance plan. The rider will be specific to the value of the art collection. You and your agent will determine the collection's value. You usually get this value as the result of the appraisal.

Do not assume a valuable collection will have coverage under your existing policy. Your home insurance agent needs to know about the collection as well as its perceived value. Having this information can help you to protect your investment from a variety of risks.

The agents at R.V. Johnson Insurance can help you get the right Stuart FL home insurance policy. Contact us today.

Share |

No Comments

Post a Comment
Required (Not Displayed)

All comments are moderated and stripped of HTML.
Submission Validation
Change the CAPTCHA codeSpeak the CAPTCHA code
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive

View Mobile Version
content bottom

Quick Links

Our Carriers Our Company Services Contact Us More Help
Auto Owners Insurance
Safeco Insurance
Blue Cross Blue Shield
Frontline Insurance
Federated National
FCCI Insurance Group
Universal Property & Casualty Insurance Co.
Old Dominion Insurance Company
Tower Hill Insurance
Phildaelphia Insurance Companies
Bankers Insurance Group
Montgomery Insurance
UPC Insurance
Who We Are
File A Claim
Get A Quote
Insurance Types
Send A Message
Frequently Asked Questions
GET SOCIAL WITH US Facebook Twitter LinkedIn YouTube Blog RSS Feed Stuart Office on Google+ Tequesta Office on Google+
R.V. Johnson Insurance
2041 E. Ocean Blvd. Stuart, FL 34996 | Ph: 772-287-3366 Fx: 772-287-4439 TF: 800-273-9800 | Hours: M-F 8am-4.30pm
400 N. Cypress Drive, Ste 24, Tequesta, FL 33469 | Ph: 561-745-8894  Fx: 561-745-8871  TF: 866-556-6766 | Hours: M-F 8.30am-5pm
Powered by
Insurance Website Builder

Join Our Newsletter Refer A Friend Testimonials Get A Quote
Policy Review Form
Get Started with a Policy Review