The holidays are full of surprises, especially when big-ticket gifts are involved. Jewelry, electronics, watches, and other valuables are popular Christmas presents, but many people don’t realize these items may not be fully covered under a standard insurance policy. Check out our guide below!
Questions? Reach out to one of our knowledgeable insurance agents. We’re eager to set you up with the right coverage and rate!
The holidays are full of surprises, especially when big-ticket gifts are involved. Jewelry, electronics, watches, and other valuables are popular Christmas presents, but many people don’t realize these items may not be fully covered under a standard insurance policy.
Why your gifts may need extra coverage
Most homeowners and renters’ insurance policies have coverage limits for high-value items. That means if something is lost, stolen, or damaged, you may not receive full reimbursement unless the item is properly insured.
Common high-value gifts that often need special attention:
- Engagement rings and fine jewelry
- Laptops, tablets, and high-end electronics
- Luxury watches
- Cameras and recording equipment
What you can do now
Before the unexpected happens:
- Take inventory of new gifts
- Save receipts or appraisals
- Ask your agent about scheduling items or adding endorsements
Adding coverage is often more affordable than people expect, and it ensures your investment is protected year-round, not just during the holidays.
If you received (or gave!) a big gift this Christmas, now is the perfect time to contact your agent and confirm it’s insured properly.