Calculate the cost of scheduling high-value items on your homeowners insurance. Estimate rider premiums for jewelry, art, collectibles, and instruments.
Standard homeowners policies have sub-limits for high-value items: typically $1,500–$2,500 for jewelry, $2,500 for silverware, $2,000 for firearms, and $1,000–$5,000 for electronic equipment. If your engagement ring, art collection, or musical instrument exceeds these limits, you need a scheduled property rider (also called a floater or personal articles policy).
Scheduling valuable items provides "all-risk" coverage, meaning virtually any cause of loss is covered — including accidental loss, mysterious disappearance, and damage. There is typically no deductible, and items are covered at their full appraised value.
This calculator helps you estimate the annual cost of scheduling your valuable items. These are educational estimates only — actual premiums depend on the insurer, item type, and your location. Whether you are a beginner or experienced professional, this free online tool provides instant, reliable results without manual computation. By automating the calculation, you save time and reduce the risk of costly errors in your planning and decision-making process.
Without a scheduled property rider, losing a $10,000 engagement ring would only net you $1,500 from your homeowners policy. Scheduling provides full-value, no-deductible, all-risk coverage for items you can't afford to lose. Having a precise figure at your fingertips empowers better planning and more confident decisions. Manual calculations are error-prone and time-consuming; this tool delivers verified results in seconds so you can focus on strategy.
Annual Premium = Sum of (Item Value × Category Rate per $100) Jewelry Rate: ~$1.00–$2.00 per $100 Fine Art Rate: ~$0.30–$0.50 per $100 Collectibles/Other: ~$0.50–$1.50 per $100
Result: $445/year total scheduled property premium
Jewelry at $25,000 × $1.50/$100 = $375. Fine art at $15,000 × $0.30/$100 = $45. Collectibles at $10,000 × $0.25/$100 = $25. Total annual premium: $445 for all-risk, no-deductible coverage.
Most HO-3 policies cap specific categories: jewelry at $1,500–$2,500, silverware at $2,500, firearms at $2,000–$2,500, and electronics at $5,000. These limits apply per category, not per item. A single expensive piece can exceed the entire sub-limit.
Scheduled coverage lists each item individually with its appraised value. Blanket coverage provides a single aggregate limit for a category (e.g., $50,000 for all jewelry). Scheduled coverage is more precise, while blanket coverage is more flexible for collections.
Update appraisals every 2–3 years. Notify your insurer of new acquisitions promptly. Remove sold items from your schedule to avoid paying unnecessarily. Keep records in a fireproof safe or cloud storage separate from the items themselves.
A scheduled property rider (or floater) is an endorsement that lists specific high-value items on your homeowners policy with their appraised values. It provides broader coverage than standard policies, including accidental damage, loss, and mysterious disappearance, typically with no deductible.
Schedule any item that exceeds your policy's sub-limits: jewelry over $1,500, individual art pieces over $2,500, musical instruments over $1,000, firearms, silverware, collectibles, and furs. If losing the item would be a significant financial loss, schedule it.
Yes. Insurers require a professional appraisal for items to be scheduled. For jewelry, use a certified gemologist. For art, use a qualified art appraiser. Appraisals should be updated every 2–3 years to reflect current market values.
Jewelry scheduling typically costs $1–$2 per $100 of appraised value per year. A $5,000 engagement ring would cost approximately $50–$100/year to schedule. This provides full replacement value with no deductible for any covered loss.
A personal articles policy (PAP) is a standalone policy, while a rider is an endorsement added to your homeowners policy. They provide similar coverage. A PAP may be preferable if you want coverage without affecting your homeowners claims history.
All-risk (or open-peril) coverage means any cause of loss is covered unless specifically excluded. This includes accidental damage, theft, mysterious disappearance, and even dropping your ring down a drain. Only intentional damage, war, and nuclear events are typically excluded.