Scheduling each item of personal property can be time consuming and costly. Grouped coverage is designed to provide you and your customers with an affordable and easy alternative. Available for fine arts including collectables such as figurines and glass with breakage coverage, cameras, furs, jewelry and silverware, it offers blanket coverage for a wide range of perils—including burglary, which accounted for $4.6 billion in lost property in 2009.**
- Easy Coverage – Customers can simply increase or decrease the limit as the amount of total property changes, without having to modify schedules.
- High Limit and Low Deductible – High limits are available, subject to a maximum per item limit of $5,000. A deductible of $500 applies per loss.
For customers who want the ultimate protection, they may specifically schedule their items.
- Additional Classes of Property – Additional classes of property are available on a scheduled basis, including valued jewelry such as wedding rings, stamp and coin collections, musical instruments and others.*
- Agreed Value and No Deductible – With an agreed-upon value for each item of fine art and jewelry, and no deductible, the claims experience is straightforward and simple.
**Source: FBI Crime in the US, 2009
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