Left Navigation Jewellery, Furniture and Art High-value items such as jewellery, furs, silverware, collectible stamps and coins are subject to a specific limit of insurance. You may want to consider purchasing separate coverage for objects that have a high replacement value. A diamond engagement ring, a fur coat or fine art may be separately insurable. The value of such articles is often derived from their condition, but after an item is lost it is impossible to determine its condition or its value. By insuring the article specifically, the value is determined in advance, generally through an appraisal of the item. The possessions you acquire over a lifetime add up. Some items in your home may have significant monetary value, such as:JewelleryFur coatsOriginal works of art, including limited edition printsCollections of coins, stamps, medals, baseball cards or comic books Coverage for such items is typically limited. Review your current policy or ask your insurance representative if you are uncertain about how much coverage you currently have. If you own objects of significant value, you may consider purchasing optional coverage. It’s important to remember that coverage may be limited for certain types of highly valued objects. Speak with your insurance representative about what coverage may be available to insure any high value objects. All about home insuranceA house is often the single largest financial investment you can make. Without insurance, your most valuable asset is vulnerable to fire, theft and other disasters.Home Insurance Q&AQuestion to ask your insurance representative.Home Insurance - Is yours up to dateProtect your most valuable asset. Make sure your home insurance is up to date with the checklist and tips in this brochure. Related ServicesEarthquake InsuranceIn Canada, there are 4,000 recorded earthquakes each year, and earthquake damage is not be covered by a standard home insurance policy. In the next 50 years, there is a 30% chance of a significant earthquake in British Columbia.Sewer BackupA flood of sewage into your basement is dangerous to your health and costly to repair. Installing a backflow prevention valve can help prevent flooding. If you live in a low-lying area, you may want to consider buying sewer backup insurance. Useful LinksHome Inventory ApplicationA current inventory of your belongings makes it easier to file a claim. Keeping your records off-site is wise in case a fire or flood damages your property. Consider updating your home inventory each spring and advise your insurer of any major purchases.Act of GodInsurance companies don’t use the phrase “acts of God.” They use the word “perils” to describe events that an insurance policy covers, and “exclusions” for events or situations that are not covered.Spring Thaw HoodGenerally, overland flooding is not covered. Overland flooding occurs when water from rivers, streams or other bodies of water flows onto dry land and causes damage to homes. This kind of flooding can be caused by a spring thaw.Rental PropertiesBefore renting out your primary or secondary residence, contact your insurance representative. Make sure that your home insurance provides adequate coverage and no exclusions apply.