Question for the Money Doctors
Question submitted on Dec 20, 2011.
Question
Are my jewels insured in a bank safe-deposit box?Answer
Your jewelry should be scheduled/named in your policy. And if it is, jewelry in a safe deposit box typically gets a lower rate when it is covered under your homeowners policy.
If it is not scheduled/named, then it may fall underneath the policy limits for coverage. Hope this helps!
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