Home burglary yields quarter million in jewelry
Original post made on Feb 17, 2011
Read the full story here Web Link posted Thursday, February 17, 2011, 11:26 AM
on Feb 17, 2011 at 1:12 pm
People should really consider putting their valuable in the safe deposit box at the bank. These extreme losses can easily be prevented.
on Feb 21, 2011 at 10:58 pm
I have been told by more than one person that keeping valuables in a safety deposit box is not a good idea. Many people have gone in to get something out of their box and found it missing. Maybe a better idea is to have a home safe. Something that cannot be easily move by one person. If you have that much jewelry you should be able to afford a good safe. Ask your insurance agent , what is the best way to protect your valuables?
on Feb 24, 2011 at 10:37 am
Sure they had that much jewelery stolen. I have some swamp land to sell you, too.
Who in their right mind wouldn't have better protection for jewelery worth that much. I cannot imagine anyone putting $55K worth of jewelery in plastic bags?
I have nowhere near that much and mine is locked up in a safe when I'm not wearing it.
Unless their jewelery has a separate policy on their homeowners, they are S.O.L. because I believe a homeowners policy only covers you for $1250 per theft, not per piece unless the jewelery is recently appraised and insured on a separate policy.