Scheduled Personal Property Coverage

Why is Scheduled Property Coverage important?  Sometimes property owners need more protection for their valuables than a standard homeowners/townhouse policy or condominium insurance can provide. That’s why Olympus offers broader protection with higher limits for “Scheduled Personal Property.” Some examples of Scheduled Personal Property include fine jewelry, furs, art, musical instruments, upscale furnishings, and other luxury assets. Should you purchase or acquire property once the policy is in place, you will never have to worry about an immediate uncovered loss. Olympus provides automatic 90-day coverage on new items according to the limits of your current schedule.

Popular coverage additions for Scheduled Personal Property include:

• No deductible
• Coverage for lost or stolen items, also known as “mysterious disappearance”
• Itemized coverage based on agreed-upon value (either determined before policy inception or added midterm)