Protect your treasured assets

corner of a frame

In 2019, a home burglary occurred every 54 seconds.1 Standard homeowners policies may not cover your prized possessions, such as jewelry and fine arts. If you haven’t evaluated your coverage needs recently, it may be time to discuss this with your insurance agent.

Why it’s important for you

Homeowners policies may provide coverage for theft of certain articles, but the limits may not fully compensate you for the loss. In addition, valuable articles are more likely to appreciate. If you own valuables, consider a separate personal collections policy to increase your peace of mind.

Collections policies can include jewelry, fine art, silverware, furs, wine, cameras, musical instruments, stamp collections, coin collections, collectibles and other valuable articles.

How Nationwide® Private Client responds

Whether your collection is worth $25,000 or $5 million, we have a solution. Our personal collections policies include broad protection, so you can trust that you are properly protected when it comes to a covered loss.

Consider the following possibilities under our personal collections policy:

Claims scenario How we respond
While you're away on vacation, thieves steal jewelry and other valuables from your home. We offer itemized/scheduled and blanket coverage, with no sublimit for theft or mysterious disappearance. Blanket coverage per item limit options of $10,000, $25,000, $50,000 or $100,000 are available.
The cooling system in your temperature-controlled wine cellar breaks, emitting hot air. Your well-sealed wine cellar now contains spoiled wine. For a covered loss, we may pay up to 150% of the itemized coverage amount of scheduled articles when the market value exceeds the scheduled value; this figure is not to exceed the total amount of the itemized limit of the class.2
Your painting has a slight blemish, so you take it to an expert to be restored. The restorer accidentally tears the painting. We provide up to $10,000 for a loss that occurs to scheduled fine arts during the repair, restoration or retouching process.
It’s very rare that you take your grandmother’s ring out of the bank vault, but there is an important gala you want to wear it to. You do not report to your insurance agent that you took it out of the bank vault. On the way to the gala you stop by an ATM where your money and jewels, including your grandmother’s ring, are stolen. We offer reduced rates for items kept in a bank vault, safe-deposit box or qualifying home safe, as well as those in homes with central alarms or full sprinkler systems.3 We have coverage options that do not require notification before removing items from a bank vault or safe-deposit box for use.
Your son has friends over to your home. While running through the house, one of the boys knocks over and breaks a 200-year-old, $300,000 vase you had purchased at an auction. We cover accidental breakage as a cause of loss up to the scheduled limits with no sublimit, unless specifically excluded.
You are on vacation in France and put your jewelry in the hotel vault for safekeeping. However, during a power outage, the safe is broken into and your jewelry is gone. We cover all risks of physical damage or loss to valuable articles, including theft and mysterious disappearance, up to the scheduled limits, anywhere in the world, with no sublimit.
You receive a diamond ring as a holiday gift. While you're running errands, the ring falls off your finger. You had not yet added it to your insurance policy. We extend coverage to newly acquired valuable articles of the same class, up to 25% of the total itemized limit, for the first 90 days after acquisition, without notification.
You lose your $45,000 engagement ring, and your homeowners policy has a $5,000 deductible. Our personal collections policies have no deductibles.4
You are hosting a party at your house. You hoped to display a new painting you had commissioned, but the work was not completed in time. To help compensate, the artist loans you a painting for your party. Unfortunately, the painting is stolen during the party. We provide coverage on items of the same class that are owned by others, but are borrowed by, loaned to or on consignment to an insured, for up to 90 days. The coverage amount is up to 25% of the total itemized limit for items in the same class.
You lose one of your diamond earrings. If part of a set, such as a single earring, is lost or damaged, you can choose how you would like your coverage to respond. For example, you could repair or replace the lost earring, or you could keep the remaining earring and receive the difference in the pair’s value before and after the loss. Alternatively, you could choose to surrender the remaining earring to us and receive the scheduled value of the pair.

[1] "Crime in the United States 2019, Table 23," (accessed March 9, 2022).
[2] This valuation applies in certain cases. Documentation is required, including an appraisal, bill of sale or purchase receipt representing the valuable article and that is not older than five years from the date of loss and not more than the coverage limit for the class to which the valuable article belongs.
[3] Limited to specific classes.
[4] California may have deductibles on fine arts collections for earthquake damages.