Standard renters and homeowners policies limit how much they pay for high-value categories like jewelry, watches, cameras, and collectibles. A scheduled-property rider closes that gap.
The problem with standard limits
Your policy might cap jewelry theft at $1,500, far below the value of an engagement ring or a camera kit. A general policy also applies your deductible to every claim.
How scheduling works
You list specific items by description and value, often with an appraisal or receipt. Each scheduled item is then insured for its full appraised value.
Advantages
- Full value coverage, not a category cap
- No deductible on most scheduled claims
- Broader perils, often including accidental loss, like a ring slipping off
What to schedule
- Engagement and wedding rings
- Fine watches and jewelry
- Professional cameras and lenses
- Musical instruments and collectibles
Tip
Keep appraisals and receipts current. The small extra premium is usually well worth it for items you could not easily afford to replace.