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The sculptures and paintings you display in your home, your prized diamond earrings, and that collection of famous autographs you keep need as much insurance protection as the car you drive. These valuable one-of-a-kind items and future heirlooms are vulnerable to theft and damage and should be considered as priceless as the pearls your grandmother gave you.

And even though you may have the most comprehensive home insurance policy, it still may not be enough to insure your valuable possessions, i.e. the artwork, jewelry, and rare collectibles.

Itemize your Valuables on your Policy. By itemizing your valuables on your policy, you will avoid coverage limitations, depreciation and deductible charges, and you could be covered worldwide.  If you already have valuable items itemized on your policy, you may want to update the values or add more to the schedule.

Avoid Out of Pocket Expense. You should always make sure the coverage limits on your valuables are updated every few years to maintain today’s value.  Also if you purchase new items, do not forget to add them to your policy.  You may want to check with your agent if your present nsurance carrier offers automatic increases to your itemized valuables on your renewal.  Having a new appraisal done will eliminate your out-of-pocket expense.

What if I have a claim? Should a claim occur some insurance companies will send you a check for what the insuring amount was at the time of the loss however other carriers will have you go to their jeweler to replace with like, kind or quality.  If that is the case, the settlement amount may be less than what you insured for. Please check with your agent to know what type of coverage you have.

Insuring Fine Art. There are two types of art insurance coverage that protect a work of fine art. Title Insurance insures against a defective title, that the art work was not stolen or looted and, in fact, has a legal provenance; and, Property Insurance, which insurances against theft or damage. If you have a fine art collection, discuss, in depth, your insurance coverage with your agent.

At Muller Insurance in Hoboken, our certified professional insurance agents have the expertise to help you secure the best insurance coverage for your valuable possessions: jewelry, artwork, and collectibles. Our customer service is highly-rated and many of our customers have long-running relationships with us (see our customer reviews at www.MullerInsurance.com).

Protect your paintings, sculptures, jewelry and collectibles. These special items are investments that can be annuities for you in the years to come and family heirlooms for future generations.

 

About Roger J. Muller, Jr.

Overseeing Muller Insurance’s day-to-day operations and always improving how the company can better serve its clients, Roger J. Muller, Jr. is a Certified Professional Insurance Agent (CPIA) with 32 years experience in the insurance industry. He’s a travel agent, Certified Real Estate Appraiser (CREA), Certified Environmental Inspector (CEI), licensed Real Estate Broker and licensed Insurance Agent in the following states: New Jersey, New York, Pennsylvania, Connecticut, North Carolina, South Carolina, Florida, Maryland, Washington D.C., New Mexico,  Arizona, Vermont, Ohio, Delaware, Maine, Georgia, Virginia and New Hampshire. Roger J. Muller, Jr. is a member of Sigma Xi, a lifetime member of the Hudson River Fishing Association, and Shriners-Salam Temple. A graduate of Ramapo College of New Jersey, Muller is a past board member of the Ramapo College Alumni. He has been a member of the Board of the Hoboken Chamber of Commerce since 2000 and served as Vice President in 2010.  He is a New Jersey Notary Public and a member of the Young Insurance Agents, NJ. He is a certified member of  the Hoboken Community Emergency Response Team (CERT) that responds to emergencies like building collapses, flooding and acts of terrorism.