Scheduled personal property insurance covers high-value items like jewelry, art and musical instruments beyond standard homeowners policy limits. Add it as an endorsement to your existing policy (not a standalone plan) and your premium adjusts based on what you schedule. Standard policies cap valuables payouts at $1,000 to $2,500, and scheduling individual items gets them covered at full appraised value.
Scheduled Personal Property Insurance Coverage: What is It & Where to Get It
Updated: March 22, 2026
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Key Takeaways
A scheduled personal property endorsement covers individual high-value items at their full appraised worth.
Standard policies cap payouts for valuables like jewelry at $1,000 to $2,500, leaving expensive items underinsured.
Companies like Amica, AAA, Nationwide, Farmers and Travelers offer this endorsement, though availability varies by state.
What is Scheduled Personal Property Insurance?
How Do Scheduled Personal Property Endorsements Work?
A scheduled personal property endorsement follows a straightforward process from purchase to claim. Here's how it works at each stage.
- 1Get a professional appraisal
A certified appraiser evaluates each high-value item and assigns a current replacement cost. Insurers require these appraisals to verify the item's worth before adding it to your policy.
- 2Submit appraisals to your insurer
Send your appraisal reports to your homeowners or renters insurance company and request a scheduled personal property endorsement. The insurer lists each item on your policy by name, description and appraised value.
- 3Pay the additional premium
Your insurer charges an extra annual premium based on each item's value and type. Jewelry costs roughly $1 to $2 per $100 of value per year, while art and collectibles may run slightly higher. A $6,000 engagement ring, for instance, might add $60 to $120 annually to your policy.
- 4File a claim if an item is lost, stolen or damaged
Report the loss to your insurer and provide your policy's scheduled item documentation. Because each item is already appraised and listed, claims typically process faster and pay the full scheduled value with no deductible in many cases.
What Valuables Should You Cover With Scheduled Personal Property?
Scheduled personal property endorsements protect specific high-value items that a standard homeowners or renters policy won't fully cover. If an item's value exceeds your base policy's sublimit (usually $1,000 to $2,500), scheduling it gives you full appraised-value protection.
Valuables covered by scheduled endorsements include:
- Jewelry: Engagement rings, watches, gemstone pieces and heirloom jewelry
- Fine art: Paintings, sculptures, limited-edition prints and photography
- Musical instruments: Pianos, string instruments, guitars and studio equipment
- Silverware and flatware: Sterling silver dining sets and decorative pieces
- Furs: Fur coats and fur-trimmed garments
- Collectibles: Rare coins, stamps, trading cards and sports memorabilia
- High-end electronics: Professional cameras, drones and specialized audio equipment
- Firearms: Handguns, rifles and antique firearms collections
- Wine and spirits: Curated wine cellars and rare bottle collections
- Golf equipment: Custom-fitted clubs and tournament-grade gear
Valuables You Cannot Cover with Scheduled Personal Property
Scheduled personal property endorsements are limited to specific categories of movable, appraisable belongings. Items that fall outside these categories need a different type of insurance entirely.
Motor vehicles | Cars, motorcycles and boats require their own auto, motorcycle or marine policies |
Pets and animals | Insurers don't classify living animals as schedulable personal property |
Cash and currency | Policies exclude or severely limit cash coverage ($200 to $500), and scheduling won't increase it |
Business property | Work equipment and inventory belong on a commercial policy or business owner's policy |
Digital assets | Cryptocurrency and NFTs aren't recognized as personal property by most homeowners insurers |
Motorized recreational equipment | ATVs, golf carts and similar vehicles need separate specialty policies |
Do You Need Scheduled Personal Property Coverage?
Scheduled personal property coverage benefits anyone who owns valuables worth more than their homeowners or renters policy's sublimits. Most standard policies cap jewelry payouts at $1,000 to $2,500 and fine art at $2,500 or less, so a single engagement ring or painting could exceed your coverage limit.
For example, if you own a $7,000 engagement ring and your policy's jewelry sublimit is $1,500, you'd only receive $1,500 after a theft without a scheduled endorsement. Scheduling the ring covers the full $7,000 appraised value, closing a $5,500 gap in your protection.
Which Home Insurance Companies Offer Scheduled Personal Property Coverage?
Scheduled personal property endorsements aren't available from every homeowners insurance company, and coverage details vary by provider and state. Contact your insurer or a local agent to confirm whether this endorsement is available with your policy.
These companies offer this coverage, but confirm the details with an agent before adding it to your plan:
Scheduled Personal Property Coverage: Bottom Line
A standard homeowners or renters policy won't fully reimburse you for high-value jewelry, art or collectibles if they're lost, stolen or damaged. Scheduling these items individually on your policy covers them at their full appraised value and often removes the deductible from claims.
Adding this endorsement costs $1 to $2 per $100 of value per year for most items, which is a small price compared to the coverage gap it closes. Contact your insurer or agent to confirm availability, and get quotes from multiple providers to find the best rate.
Endorsement for Scheduled Personal Property: FAQ
We answer questions homeowners ask about scheduled personal property coverage.
How much does scheduled personal property insurance cost?
Rates depend on item type and appraised value. Jewelry is $1 to $2 per $100 of value per year. A $6,000 engagement ring adds $60 to $120 annually to your homeowners policy.
Do I need an appraisal to schedule personal property?
Yes. Most insurers require a certified appraisal before adding an item. Some accept purchase receipts for newer items; older and inherited pieces almost always need a formal appraisal.
Is there a deductible on scheduled personal property claims?
Many endorsements waive the deductible, so you collect the full listed value. Deductible rules vary by insurer and state, so check your policy or ask your agent before assuming the waiver applies.
Scheduled Personal Property: Related Article
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. He has analyzed the insurance market for over five years, conducting original research for insurance shoppers. His insights have been featured in CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
He writes about economics and insurance, breaking down complex topics so people know what they're buying.