While furniture insurance isn’t for everybody, it may be a worthy investment depending on your budget and lifestyle. If you’re on the fence as to buying a furniture insurance policy, do your research and take note of the following potential reasons for buying furniture insurance. Damage to furniture from wine stains, moving-in related scuffs, or accidental impact can all be covered by a furniture-insurance policy, which provides comprehensive repairs within the coverage is time span just like home, auto, or renter’s insurance. If there’s any damage to your existing furniture due to circumstances beyond your control, furniture insurance will also provide you with temporary repair assistance while you decide on a permanent repair solution. Here are some more potential reasons to consider buying furniture insurance.
What would you do if, heaven forbid, your beautiful and expensive dining table was destroyed in a fire? With an approved furniture protection plan in place, you’d have your property protected from some of the loss of income that would result from a destroyed dining table. A good furniture insurance plan will reimburse you for at least 50% of your furniture’s retail value, so if your dining room table was a grand total worth of two thousand dollars, you’d have your funds restored to at least that amount.
If you have expensive artwork or collectibles, you know how difficult it is to replace them when they get damaged. Furniture insurance will protect your investment against both theft and accidental damage. In the unfortunate event that a priceless piece of art or collectible should get damaged, furniture protection plans can help replace it, so that you can continue to enjoy its beauty without having to worry about losing or spending the money on a new one. Even works of art that are considered antiques can become valuable, so furniture insurance protection plans are particularly important to protect antique pieces.
People often assume that there’s nothing they can do about losing a valuable item they paid full price for. That’s simply not true; with furniture protection plans in place, you’ll be able to repair or replace your items as soon as the insurance plan kicks in. It’s also a good idea to read the fine print of any furniture insurance policy you’re considering and make sure you understand the limitations of such coverages. Most policies won’t cover items in storage, so you’ll want to check carefully to see if your items are covered.
When you’re shopping for a furniture-insurance plan, it’s important to understand how comprehensive they’re and what they won’t cover. By researching each company thoroughly, you’ll be able to tell what they’ll cover and what they won’t, and you’ll save yourself a lot of hassle down the line. The more you know about any furniture insurance agent or company you’re dealing with, the easier it’ll be to get your insurance package.
Finding furniture that you love and maintaining it with regular care is an expensive proposition. If you’re lucky, you’ll never have to worry about having to replace your furniture. However, the average homeowner will have to come to terms with the fact that at some point in their life, they’ll have to replace their furniture. Luckily, buying a fully covered furniture insurance plan makes sure that you’re covered no matter what happens to it. You can be certain that your furniture is fully protected.