Quote:
Originally Posted by chiscott_29
Spot on. This is the huge risk of having it on your homeowners. If you have a large jewelry loss you WILL be canceled unless you are a very valuable customer (i.e., you generate thousands of dollars annually in premium). The best case is your rates will skyrocket on your overall Homeowners policy. This is even more so the case if your loss is unexplained or mysterious and cannot be attributed to a tangible event such as a documented burglary or theft.
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That’s what protected no claims is for.
