Most of your personal lines clients don’t need you to be faster than a speeding bullet or to leap tall buildings in a single bound. However, they do need smart insurance protection, and there’s one area in which they are particularly vulnerable: JEWELRY.
If you’re protecting your clients’ jewelry collections with their HO/renters insurance policies, you may be doing them a disservice – even if you’ve scheduled their most important pieces.
Below are 10 reasons a stand-alone jewelry insurance policy may provide more agile and powerful protection for your clients:
Stand-alone policies may be less expensive, with a $50 minimum premium
Stand-alone jewelry coverage protects your HO/renters rates/coverages
Many HO/renters carriers are not willing to write high valued schedules
HO/renters policies typically require both domestic partners to be listed as insureds
Adult children who live with parents should have coverage for their own jewelry
Those who are between homes (buying/selling/building) may have unanticipated coverage gaps
HO/renters policies may not include coverage for mysterious disappearance losses
HO/renters policies may have strict documentation requirements to replace custom pieces
HO/renters policies may not extend coverage for losses while travelling out of the country
Stand-alone jewelry policies offer low or zero deductibles
Ready to deploy your secret insurance power, otherwise known as RLI Jewelry Insurance?
We’re ready to help with competitive pricing, convenient online quotes, direct billing and comprehensive coverage with no minimum policy limits. You already know and love our PUP program. Now, see how well our jewelry insurance program can also provide value-added service your clients.
To learn more about how to provide quick jewelry insurance quotes and earn competitive jewelry insurance commissions, contact Mike Maley at RLI at firstname.lastname@example.org.