Whether you’re shopping for a loved one or treating yourself, you may find you're buying a new piece of jewelry this Valentine’s Day. According to the National Retail Federation, 55% of the U.S. population is expected to celebrate the holiday. Those consumers are expected to spend an average $143.56 on Valentine’s Day.
And what do consumers spend the most money on for Valentine’s Day gifts? Jewelry!
But with jewelry losses among the most frequent of all content-related home insurance claims, be sure to take precautions. Follow these four steps, recommended by the Insurance Information Institute, to protect your new purchase:
If you have any questions about how a new purchase will affect your insurance needs, call your local insurance agent.
This blog entry is created for informational purposes only. Any viewpoint or sponsorship of outside parties involved in the blog entry does not necessarily represent Goodville's stance as a company. The blog should not be used as a substitute for professional advice.