If you’ve ever looked at your engagement ring, family heirlooms, or expensive electronics and wondered, “Is this covered?”—you’re not alone. Most homeowners are surprised to learn that their standard home insurance might not fully cover their valuables.
At Safe Beacon Insurance, we help homeowners in Round Rock, Pflugerville, Hutto, and the surrounding areas understand the limits of their home insurance policies and whether they need to add scheduled personal property coverage or a rider for jewelry and other high-value items.
In this guide, we’ll break down exactly what your policy covers, where the gaps are, and how to protect your most valuable possessions.
What Does a Standard Home Insurance Policy Cover?
A typical homeowners insurance policy includes personal property coverage. This protects the contents of your home if they’re damaged or stolen due to covered events like:
- Fire
- Theft
- Vandalism
- Storm damage
Your policy will cover items like clothing, furniture, electronics, and even jewelry—but there’s a catch.
The Problem: Coverage Limits on Valuables
Even though jewelry, watches, fine art, collectibles, and other valuables fall under personal property, your policy likely has sub-limits on what it will pay.
Common Limits (varies by carrier):
- Jewelry: $1,500–$2,500 total
- Firearms: $2,500–$3,000
- Electronics: $2,500
- Silverware: $2,500
- Artwork or collectibles: $1,000–$2,500
So if your $10,000 engagement ring is stolen, your standard policy might only pay $1,500 toward the loss.
That’s where extra coverage comes in.
What Is Scheduled Personal Property Coverage?
Also known as a rider or floater, scheduled personal property coverage is an add-on to your homeowners policy that lets you list high-value items individually, with their full appraised value.
Benefits:
- Full coverage for each listed item
- Covers accidental loss (not just theft or damage)
- Often no deductible applies
Examples:
- Your diamond earrings fall down the drain = covered
- Your expensive guitar is damaged while moving = covered
- Your engagement ring is lost while swimming in Lake Travis = covered
Scheduled coverage gives you peace of mind, knowing that your valuable possessions are fully protected.
What Items Should You Consider Scheduling?
If an item is worth over $1,000, and you couldn’t easily replace it out-of-pocket, you should think about extra coverage.
Items often scheduled by Round Rock clients:
- Engagement rings and wedding bands
- Watches
- Antiques or heirlooms
- Designer handbags
- Musical instruments
- Artwork
- Firearms
- High-end cameras or drones
- Coin or stamp collections
- Laptops or specialized electronics
Our team at Safe Beacon will help you decide which items make sense to schedule based on your lifestyle and risk tolerance.
How to Get Items Scheduled
The process is simple and often takes just a few days.
1. Appraise or document your item
- Most carriers require a recent appraisal (within 3–5 years)
- For electronics or collectibles, a detailed receipt or valuation may suffice
2. Send documentation to your insurance agent
- We’ll add it to your policy as a rider
3. Review annually
- Values change over time—review your scheduled items once a year
Real-Life Example From Round Rock
Amy, a Safe Beacon client in Round Rock, had a $9,000 wedding ring and a $4,000 violin she used regularly for performances.
We helped her add both items to her policy using scheduled coverage. When her ring was later stolen during a break-in, she received the full appraised value with no deductible—and had her replacement in just two weeks.
What About Renters Insurance?
Renters policies have similar sub-limits for valuables, often even lower than homeowners policies. If you’re renting in Round Rock or nearby and own expensive items, you’ll want to:
- Increase your policy limits
- Add a personal articles floater
We offer renter-specific options that let you protect valuables without paying for coverage you don’t need.
How Much Does Extra Coverage Cost?
It’s more affordable than most people expect.
Average Cost:
- Typically $1–$2 per $100 of item value annually
- So a $5,000 ring may cost just $50–$100/year to insure fully
That’s a small price for protection against theft, loss, or accidental damage.
What’s Not Covered—Even With a Rider?
Even scheduled items have limitations:
- Wear and tear
- Manufacturer defects
- War or nuclear hazard (seriously!)
- Intentional damage
We’ll go over any fine print so you know exactly what to expect.
Why Choose Safe Beacon Insurance for Valuable Item Coverage?
We’re a local, independent agency that believes coverage should fit your life—not the other way around.
Here’s what we offer:
- Local knowledge of Central Texas risks (like theft, fire, and storm damage)
- Access to top-rated carriers
- Personalized advice—no cookie-cutter coverage
- Fast, friendly help when it’s time to file a claim
Our clients in Round Rock, Hutto, and Pflugerville know that with Safe Beacon, they don’t just get a policy—they get a partner.
Final Thoughts: Don’t Leave Your Valuables Underinsured
If it would hurt to lose it—financially or emotionally—it deserves full protection.
Many Texans assume their homeowners insurance covers everything. But the truth is, high-value items need extra attention to ensure you’re not stuck footing the bill.
At Safe Beacon Insurance, we make it easy to schedule valuables so you can relax knowing your prized possessions are covered.
Ready to Protect What Matters Most?
Let’s review your current policy and help you schedule your valuables the right way.
Call Safe Beacon Insurance in Round Rock, TX today.
Call: (512) 535-1918
Visit: https://www.safebeaconinsurance.com
We’ll help you shine a light on the gaps in your coverage—and protect the things that matter most.