Family heirlooms are rich in personal history. They represent treasured memories and a bond between generations. It’s important to make sure these items are properly preserved and protected as they get passed down to each new owner, especially when they hold more than just sentimental value. If you’ve recently inherited an heirloom, one of the first steps you should take is securing adequate home insurance so that it’s covered in the event of damage or theft. Below is an overview of how to do this effectively. 

Have It Appraised 

You must know how much an heirloom is worth before you can determine the amount of coverage you need. Thus, it’s best to get a professional appraisal from someone who specializes in the type of item you own. This will give you an accurate evaluation to base your buying decision on. Many home insurance companies will also require you to provide an appraisal report as proof of value and ownership. 

Review Your Current Policy

Next, carefully review your current home insurance policy to see if it already includes coverage for the heirloom. Oftentimes, standard policies don’t cover high-valued items or will only insure them up to a certain amount. These limits may not even come close to offering sufficient protection for your heirloom. If this is the case, you’ll need to consider purchasing additional coverage.

Explore Coverage Options

The most common way to get the insurance your heirloom requires is to buy a rider. This is an add-on to your existing home policy that will fill in the gap for your personal property coverage. They’re designed to provide higher limits for more valuable possessions and also offer protection against disappearances. While you won’t be able to replace what the heirloom stands for if it’s irreparably damaged, stolen, or lost, you can at least cover its monetary value.

For help getting the right home insurance to protect all of your valuables, turn to Kleppinger Insurance in Bethlehem, PA. They offer a variety of coverage solutions at competitive rates and will assist you in finding what you need to preserve your assets for future generations. As an independent agency, they can provide you access to high-quality products from some of the nation’s most reliable carriers. Call (484) 357-1485 to schedule an appointment, or visit them online for more information on their services.