The holidays often bring big-ticket purchases—new electronics, jewelry, fitness equipment, or even engagement rings. While these items are exciting, many homeowners and renters don’t realize that standard insurance policies may have coverage limits on certain valuables. January is the ideal time to take inventory of new belongings and confirm they’re adequately insured.
High-value items may require scheduling or additional endorsements to ensure full protection against theft, loss, or damage. Without proper coverage, a claim could result in unexpected out-of-pocket costs. Even smaller purchases can add up, potentially pushing personal property limits beyond what your policy was designed to cover.
A quick review of new purchases can help ensure your coverage reflects what you actually own today. Empire Insurance Brokers can help determine whether policy updates or special coverage options are needed to protect holiday investments.
Use this checklist after the holidays to confirm your new items are properly protected:
☐ Make a list of gifts or purchases made in November–December
☐ Note approximate values for electronics, jewelry, and specialty items
☐ Identify items that may have coverage limits (jewelry, watches, collectibles)
☐ Check whether receipts or appraisals are available
☐ Confirm your personal property limit still reflects what you own
☐ Ask if high-value items should be scheduled separately
☐ Review theft coverage for items taken outside the home
☐ Update photos or home inventory records
