Many people mistakenly believe that their homeowner’s insurance will cover all of their jewelry against any type of loss. Unfortunately this is not usually the case. While most homeowner’s insurance policies offer some coverage for jewelry, it typically only covers losses due to theft and offers a maximum coverage, usually up to $1,000. This means that if you accidentally drop your wedding ring into the garbage disposal or your darling toddler flushes your diamond earrings down the toilet, you may be out of luck. Continue reading →