Westco Insurance LLC provides comprehensive protection for your home and possessions in Colorado Springs, CO. Occasionally, homeowners encounter unique circumstances that standard home policies do not cover. In such cases, we suggest considering additional coverage or incorporating a rider.
Addressing the Uncommon
Riders, also known as add-ons, allow policyholders to extend coverage for unique situations such as a home-based business or hobby equipment like photography or music recording gear. Scheduling coverage allows individuals to protect high-value items, such as jewelry or collectibles, including stamps and coins. Scheduling an item ensures it’s covered for its actual value.
While many home policies include coverage for possessions, each policy has its coverage limits. Within these limits, certain categories of items have restricted coverage under a sub-limit or special limit. Understanding this special limit can help you determine the extent of additional coverage required for your possessions.
Common Add-ons for Home Insurance
When exploring suitable add-ons, it’s helpful to familiarize yourself with some industry terms. Insurance companies often refer to these add-ons as endorsements or floaters. Here’s a brief list of items typically scheduled:
- Antiques
- Artwork
- Bicycles, trikes, unicycles
- Collectibles, including coins, comics, memorabilia, stamps
- Electronics, including computers and peripherals, cameras, and camera lenses
- Firearms
- Furs
- Jewelry
- Medical devices, including hearing aids, glasses, contact lenses, prosthetics, and wheelchairs
- Musical instruments
- Sports equipment, like golf clubs and fishing gear
- Watercraft, including equipment and trailers.
Get in Touch Today
Ensure your possessions are adequately protected under your home insurance policy. Contact Westco Insurance LLC today to schedule coverage for your collectibles and high-value equipment. We’re here to help safeguard your home in Colorado Springs, CO, and all it contains.
