Allstate - Scheduled Personal Property insurance information is available from Allstate

Scheduled Personal Property (SPP) is a convenient way to help protect your valuable personal property. A certain amount of personal property protection is available under your Homeowners, Condominium, Mobile Home or Renters Insurance Policy, but did you know your personal property protection has limits under these policies?

Scheduled Personal Property is an endorsement to your Homeowners, Condominium, Mobile Home or Renters Insurance Policy. For an additional premium, SPP provides coverage for loss or damage to certain categories of personal and business personal property items whose value or risk potential exceeds the personal property coverage available under Homeowners, Condominium, Mobile Home or Renters Insurance, or under other Optional Coverage Endorsements.

The Advantage of SPP

Did you know SPP helps protect your scheduled personal property almost anywhere in the world?* If the brilliant diamond band you received as an anniversary gift is lost or stolen while you’re traveling abroad, you can recover the actual cash value of your ring if it’s scheduled for SPP Coverage. Please note other restrictions may apply.^*

In fact, SPP Coverage is tailor-made to help protect many of your expensive jewelry items. Did you know your Allstate Homeowners, Condominium, Mobile Home or Renters Insurance Policy includes a $1,000 coverage limit for jewelry, watches and furs? It’s possible to increase coverage for these valuable items by selecting Optional Coverage “J” as an endorsement to the above policies up to an overall limit of $25,000. However, a per-item coverage limit of $2,000 to $5,000 still applies to each personal property item you insure with Optional Coverage “J.”

If you own jewelry, watches, or furs whose individual value exceeds the per-item limit of Optional Coverage “J” described above, or whose overall value exceeds the total limit of $25,000 for Coverage “J,” you can schedule these valuable personal property items for SPP protection. A diamond ring appraised at $30,000, and insured for the same amount with Scheduled Personal Property Coverage, is protected against physical loss up to its actual cash value. Please note other restrictions may apply.^*

If you own something so rare and precious that there's only one of these items in the world, and if it can't be replaced, SPP may not accommodate that very rare type of personal property.

More About SPP and What It Covers

If you own personal property with exceptional value – an elaborate piece of jewelry or art – you’ll want to make sure you schedule it for SPP Coverage.*You can purchase coverage for your grandmother’s silver tea set, a special painting left to you in a will, a treasured stamp collection, your favorite set of matched golf clubs, or your prized piano or trumpet.^*

	Here's a List Of Personal Property Items You May Want to Consider for Scheduled Personal Property Coverage
	• Jewelry: wedding rings, pendants, bracelets, watches, precious and semi-precious stones • Furs: real fur garments and garments trimmed with real fur • Cameras: digital, still, movie, video and equipment • Musical instruments: professional3 and non-professional • Silverware: includes silverware, silver-platedware, goldware, gold-platedware and pewterware • Fine Arts: includes paintings, etchings, vases and sculptures • Manuscripts and books, antique silver, bronzes and antique furniture • Golfer's equipment: matched sets of golf clubs, clothing and equipment • Sports equipment including fishing gear, archery and hunting gear • Stamp or coin collections • Hand tools and power tools that you own for business purposes

Breakage coverage can be purchased separately for your fragile fine arts items.

You may also want to consider SPP if your home audio-visual equipment costs exceed the limits set by your Homeowners, Condominium, Mobile Home or Renters Insurance Policy, or by Optional Coverage "BP" for increased coverage on business property.

What Should I Consider?

Evaluate your own personal situation and the personal property you've invested in when you consider SPP as an enhancement to your Homeowners, Condominium, Mobile Home or Renters Insurance Policy. Here are three ways to think about coverage for your personal property items:

1. Your Homeowners, Condominium, Mobile Home or Renters Policy

Some of your personal property is covered under your Homeowners, Condominium, Mobile Home or Renters Insurance Policy, but there’s a limit to the dollar amount of personal property that’s covered and only certain predetermined risks, such as fire or theft are covered. A dollar amount limit may apply to each item of personal property, as well as certain categories of personal property items. For example, your oriental rugs may be covered up to a certain amount per rug and up to a certain amount for all the oriental rugs you own. In addition, certain categories of personal or business personal property may not be covered such as satellite dish antennas and cellular communication systems.

If you own a musical instrument that you use for business purposes, did you know your instrument wouldn't be covered for its actual cash value when you're traveling or performing away from home? In most states, a $200 limit for property used or intended for use in business while the property is away from the residence premises applies under your Homeowners, Condominium, Mobile Home or Renters Insurance Policy.

In many cases, personal property located away from your residence might not be covered or might have limited coverage.

2. Optional Coverages

Your Homeowners, Condominium, Mobile Home or Renters Insurance Policy offers Optional Coverages that enable you to purchase additional protection for certain categories of personal property items including jewelry, watches and furs, money, securities, silverware, business property, electronic data processing equipment, cameras, musical instruments and sports equipment.

Optional Coverages also include categories not covered by Homeowners, Condominium, Mobile Home or Renters Insurance, such as portable cellular communication systems, lock replacements, satellite dish antennas and business pursuits.

However, with a per-item limit as well as an overall limit on personal property items covered by Optional Coverage Endorsements, you may find you still need additional coverage. For example, what about your new diamond anniversary band or the heirloom bracelet you inherited from your great aunt? The value of each jewelry item may actually exceed the dollar amount limit established by your Homeowners, Condominium, Mobile Home or Renters Insurance Policy, as well as the per-item or overall limit provided by Optional Coverage “J” for jewelry.

3. Scheduled Personal Property Coverage

If you own personal property items with a value that exceeds the limits set by your Homeowners, Condominium, Mobile Home or Renters Insurance Policy, or if the value of your personal property exceeds the per-item or overall limits established under other Optional Coverage Endorsements, consider adding these personal property items as Scheduled Personal Property to your Homeowners, Condominium, Mobile Home or Renters Insurance Policy.*

Personal property items that you insure with Scheduled Personal Property Coverage (SPP) are covered on an actual cash value basis. Please note other restrictions may apply.* In addition, SPP Coverage provides protection for loss or damage to certain categories of personal and business personal property items whose value or risk potential exceeds the personal property coverage available under your Homeowners, Condominium, Mobile Home or Renters Insurance Policy, or under other Optional Coverage Endorsements.

The value of your property will help determine how much SPP insurance you need. And, you’ll find SPP rates are only a small percentage of the total value of the property you’re insuring.

You can purchase SPP for expensive movable personal property items you may take along when you travel such as a cherished violin.* If you’re using your musical instrument for business purposes, did you know SPP Coverage provides actual cash value protection for your instrument, up to the amount of insurance purchased, while you’re traveling and performing on the road?

And you can also purchase SPP coverage for personal property you may be storing outside of your residence in a bank, trust, or safe deposit company vault, such as a stamp or coin collection. You’ll be covered for these valuable personal property items up to their actual cash value. Please note other restrictions may apply.*

How Do I Qualify For SPP?^*

You need to have a Homeowners, Condominium, Mobile Home or Renters Insurance Policy with Allstate to qualify for SPP Coverage.
You need to provide appraisals and/or receipts of the items you want to insure.

What Discounts Are Offered?

Please read the Note* below regarding the availability, qualifications and amounts of SPP discounts. And check with your Allstate agent to see if you qualify for any SPP discounts.

Protective Devices Discount: You may be eligible for a 5%-15% discount^* if you own protective devices such as burglar alarms, vaults, and smoke detectors.
Vault Discount: You may be eligible for up to a 10% discount* for stamp and coin collections if you keep these scheduled items in a bank, trust or safe deposit company vault.
Jewelry Gem Print Discount: You may be eligible for up to a 10% discount* if you provide a gem print for your jewelry item when you schedule it for SPP Coverage.

Jewelry Vault Rate

If you store your jewelry in a bank, trust, or safe deposit company vault, your jewelry item may be insured at a special, lower vault rate.*

SPP - The Smart Choice?

SPP offers you excellent protection for your scheduled personal property items almost anywhere in the world.^*

Contact your Allstate agent to find out how you can add Scheduled Personal Property to your Allstate Homeowners, Condominium, Mobile Home or Renters Insurance Policy.

To get a quote, go to the Get a Quote tool at the top right hand side of this page.

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* Please see the disclaimers below.

Coverage on fine arts, firearms and business personal property is limited to within the United States of America and Canada.

Scheduled Personal Property is covered on an actual cash value basis. A deduction for depreciation may apply. Please note that other restrictions may apply. Payment will not exceed the amount necessary to repair or replace the damaged item(s) with property of like kind or quality, or the amount of insurance, whichever is less. Please contact your Allstate agent for more information about Scheduled Personal Property Coverage.

Different rates apply for professional and non-professional musical instruments. A higher rate is applicable to professional musical instruments insured under SPP coverage. Discounts subject to availability and qualifications. Amounts may vary from state to state. Total savings may vary depending on the coverages purchased. For more information regarding your eligibility for these savings opportunities, please contact your Allstate agent.

When the Scheduled Personal Property item is removed from the vault, the insured must notify Allstate in advance or the SPP Endorsement ceases to cover the item. The insured must also pay the additional premium for the time the item is not vaulted. Scheduled Personal Property Coverage is subject to the terms and conditions of the policy. This is a brief coverage description; this is not a contract. Please read an Allstate policy for full details. Optional Coverages “J” and “BP” are subject to the terms and conditions of the policy. This is a brief description of the coverages; this is not a contract. Please read an Allstate policy for full details.

Coverages and discounts are subject to availability and qualifications. Other terms, conditions and exclusions may apply.

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