Of course, scheduling your belongings will likely cost you more in premiums. But the III notes that scheduled property coverage may come with additional benefits:

Broader protection. Scheduled personal property may be covered for additional risks, including accidentally losing your scheduled belongings (for example, dropping your wedding ring down the drain), which typically isn't something covered by a standard homeowners policy.
No deductible. If you purchase scheduled personal property coverage, you may have the option of choosing a lower deductible or no deductible for the scheduled items. That may not be the case for other belongings that fall under the protection of personal property coverage on your standard policy.

Because the value of certain items like antiques or collectibles can go up and down over time, the III suggests getting regular appraisals done to make sure the insurance coverage on your valuables matches what they're worth.

Your insurance provider can help answer questions about coverage options for your belongings so you can choose the protection that fits your needs.