We understand that, like many things in your life, your home furnishings, clothing and collectibles are carefully chosen and appreciated. That is why we take as much care protecting what is inside your home as we do the dwelling itself. We offer Deluxe Contents Coverage as well as specialized Valuable Articles Coverage from respected insurers such as Chubb. Consider comprehensive “all-risk” and repalcement cost coverage for most of the usual items in your home.
Your home’s typical contents are covered worldwide, including any items with you while traveling, or with a child away at university. These have the same comprehensive coverage as the items within your home.
Valuable Articles Coverage
Over the years, you acquire items that are unique and valuable, measured both in dollars and in sentimental value, and therefore require specialized attention and insurance protection.
Chubb is known as the preeminent insurer of valuable articles, especially for privately-owned jewellery and art collections. They offer a Masterpiece Valuable Articles Policy to provide the highest degree of protection possible for such items. With Masterpiece coverage, you itemize each piece and place a value on that item so that, if something were to happen to it, you know exactly how Chubb will settle the claim.
Chubb offers specific coverage for jewellery, fine art, silver, stamps and coins, sports memorabilia, rare and valuable documents, wine, other collectibles.
Protecting Your Jewellery
Every year, more than $1 billion of jewellery disappears in North America, typically accounting for as much as 70 percent of all stolen property. Thieves are always looking for easy opportunities, so any steps you can take to make theft of your jewellery more difficult will be worthwhile.
Here are a few DO’s and DON’Ts to follow when it comes to keeping your jewellery safe.
- Consider purchasing a “false-bottom container” to protect your precious jewellery items.
- Remember to keep these containers in realistic places in your house, and make sure they are not mistakenly thrown away if they appear to be empty.
- Consider installing a secure home safe. A safe that can be permanently mounted in your home, in concrete, provides better protection than a small movable safe and can be hooked to alarm system.
- Always use a hotel or ship safe or security vault for your expensive jewellery items.
- Carry expensive items with you on board planes, ships or trains. Do not put them in checked luggage.
- Do place jewellery that you don’t wear often in a bank vault. The insurance savings can be substantial.
- Keep precious jewellery items in your bedroom. Master bedrooms are always the first place burglars go after breaking in to a home.
- Keep your most expensive jewellery items in a jewellery box. Once in the bedroom, it’s the first place they look. Keep only inexpensive and costume jewellery items there.
- Pack jewellery in your luggage.
- Wear or carry valuables at the pool or on the beach.
- Use pockets in your clothes to hide your rings.
- Diamonds in particular can scratch other gemstones, metal and pearls, and even other diamonds if stored without adequate protection. Diamonds and all gemstones should be stored separately from other jewellery, preferably in individual, soft clean pouches.
- Each ring should be stored separately.
- Cultured pearls are soft and require special attention. They should be stored in a special chamois or velvet pouch and cleaned and dried prior to storage.
Wearing Your Jewellery
- Remove rings before routine household chores.
- Activity such as gardening, working with tools or playing sports may damage a gemstone. Gemstones that receive a sharp blow are susceptible to chipping or cracking.
- Jewellery should be put on after applying make-up and hair spray. Cultured pearls are particularly vulnerable to chemical damage, including the oils and salts from your skin.
- They should be wiped with a soft chamois or flannel cloth after each wearing. Some coloured gemstones fade when worn in intense sunlight or in a tanning spa – best to remove them first.
- While advertisements promote waterproof watches, few are more than water-resistant, so avoid submersing your watch in water for extended periods.
Cleaning And Maintenance
- Routine care of your jewels with mild soap and water solutions and a soft brush provides the best care for most of your jewellery.
- Ultrasonic cleaners can be used effectively on most gold pieces, jewellery without gemstones and on some diamond-set jewellery. They should not be used with amber, coral, emerald, kunzite, lapis lazuli, opal, pearl, ruby or turquoise.
- Soap and water is NOT the recommended process for amber, coral, emerald, jade, kunzite, lapis lazuli, opal or turquoise.
- Gemstone rings should be inspected and cleaned at least once a year by a professional.
- Other fine jewellery should be inspected and cleaned by a professional once a year – stone condition is assessed, prongs and clasps are routinely checked, and repair requirements determined.
Protecting Your Wine Collection
For many collectors, the years of searching the world’s wineries for the finest vintages is not just a hobby, but a passion. Serious wine collectors understand the need to protect their collections from the harmful effects of light and vibration, and shifts in humidity and temperature. To do this, you might use a cool, low humidity basement, build a cellar, invest in a self-contained temperature-controlled unit, or rent storage space.
There are a few things to keep in mind:
- Keep a fairly constant temperature around 55F is a safe bet (though not everyone agrees on this)
- Keep temperature fluctuations minor because prolonged or dramatic changes in temperature are bad
- Above 70Fmay damage freshness, fruitiness and flavor and the wine’s subtleties
- Below 45F may cause the wine to freeze, expand and push out the bottle’s cork.
- Less than 80% with a low of 60% is best
- High humidity will promote development of mold., damaging labels, possibly reducing their market value. Mold confined to the cork/lip area should not impact the wine quality.
- Low humidity will result in dry corks and air seepage which damages the wine; and severe dryness that may cause the empty space in the neck of the bottle to increase.
- Low light conditions are preferred; dark is best
- Some collectors are concerned about fluorescent light, though no evidence supports this fear
- Storage area should be vibration free to prevent sediment from being disturbed.