A standard homeowner’s insurance policy may not provide sufficient coverage for antique or heirloom furniture. It is best to make a detailed list and take pictures of your antiques to present to your home insurance RI agent for guidance on riders or separate policies that may be required to give you adequate coverage.
Your antiques and heirlooms should be appraised to determine their value so they can be financially protected in the event of theft, fire, or other covered peril. Your insurance agent may be able to refer you to an appraiser or antiques expert to help you determine the correct value of your possessions so that you may decide which insurance coverage types you need. The antiques expert may also offer advice on the proper care of antiques and heirlooms in order to keep them in good condition.
The cost of coverage for antiques and heirlooms may depend upon the geographic location of your home, where the items will be displayed or stored in your home, and whether or not you will be lending any of the items out to museums or galleries. Your home insurance RI agent should be able to help you find the right policies and/or special coverage for your precious possessions so that you have adequate financial protections without duplicating coverage.