Frequently Asked Questions

If I lose a precious piece of jewelry, will a Home policy cover the loss? Will a Valuables policy?

A Valuables policy automatically covers loss due to mysterious disappearance. While the ACE Platinum Portfolio Home policy also includes this coverage, policies based on the industry standard may not. Even if you lose one earring of a matched set, the ACE Platinum Portfolio will reimburse you for the set.

If my antique table is damaged by a flood, will my Home policy cover the loss? Will a Valuables policy?

A Valuables policy covers loss due to flood but a Home policy does not.

How much does Valuables coverage cost?

The cost of a Valuables policy is usually a small fraction of the cost of a Home policy. The price varies according to the amount of coverage, the type of item – jewelry, artwork, antique furniture – and method of storage. That is, it will cost less to insure a diamond necklace stored in a bank safe deposit box than the same necklace stored on the top of the master bedroom dresser. In many instances, a Valuables policy will cost less than $1 per $100 of coverage.