Why You Need High-Value Item Insurance
Standard homeowners insurance often fails to adequately protect luxury watches, fine art, jewelry collections, and other valuable assets. High-Value Item Insurance (also called Luxury Asset Protection or Scheduled Personal Property Coverage) provides the specialized protection your treasures deserve.
What Qualifies as a High-Value Item?
- Jewelry worth $5,000+ per piece
- Fine art and antiques
- Luxury watches and timepieces
- Rare collectibles and memorabilia
- High-end musical instruments
- Designer handbags and accessories
- Valuable wine collections
The Limitations of Standard Insurance
Most homeowners policies have dangerous gaps in coverage:
Sub-Limits as Low as $1,500 for jewelry and collectibles
No Coverage for Mysterious Disappearance (lost items)
Depreciated Payouts instead of full replacement value
Limited Worldwide Protection for items while traveling
Real-World Example:
Your
25,000 Rolexis stolen while traveling.Standardinsurancemightpayjust
25,000 Rolexis stolen while traveling.Standardinsurancemightpayjust1,500. With proper High-Value Item Insurance, you'd receive the full $25,000.
Bloomingdale's Superior Coverage Benefits
Our Luxury Asset Protection policies offer:
✔ Agreed Value Coverage - No depreciation deductions
✔ Worldwide Protection - Covered anywhere you travel
✔ All-Risk Coverage - Includes accidental damage and mysterious disappearance
✔ Fast Claims Service - Dedicated valuables claims team
✔ Flexible Deductibles - Options from
0to
0to5,000
Specialized Coverage Options:
- Jewelry and Collectibles Insurance
- Fine Art and Antiques Insurance
- Valuable Possessions Policy for unique items
- Scheduled Personal Property Coverage for complete protection
How to Insure Your Valuables in 3 Steps
- Document Your Collection
- Detailed inventory with photos/videos
- Original receipts and appraisals
- Get Professional Appraisals
- Required for items over $5,000
- Updated every 3-5 years
- Customize Your Coverage
- Choose between blanket or itemized coverage
- Select your deductible amount
- Add special riders if needed
5 Essential Questions Answered
- What's the difference between scheduled and blanket coverage?
Scheduled policies list items individually, while blanket coverage groups items by category. - Are my items covered internationally?
Yes, our High-Value Item Insurance includes worldwide protection. - How often should I update appraisals?
Every 3-5 years, or when values increase significantly. - What's the claims process like?
Faster than standard insurance with dedicated valuables specialists. - Can I insure newly purchased items immediately?
Most policies provide 30-90 day automatic coverage for new acquisitions.
Client Testimonials
⭐⭐⭐⭐⭐
"After my diamond earrings were lost during travel, Bloomingdale's Jewelry and Collectibles Insurance paid the full appraised value quickly and hassle-free." - Sarah K., New York
⭐⭐⭐⭐⭐
"The Fine Art and Antiques Insurance protected my collection when a pipe burst in my home. Their claims service was exceptional." - Robert T., Chicago
⭐⭐⭐⭐⭐
"As a watch collector, I trust Bloomingdale's Luxury Asset Protection for my $100,000+ collection. The coverage is comprehensive and affordable." - Michael L., Miami
Protect What Matters Most
Don't risk underinsuring your most valuable possessions. High-Value Item Insurance from Bloomingdale Insurance Services provides the peace of mind you deserve.
