If you own valuable luxury furs, such as fur capes, fur accessories, or fur coats in Chicago , you should insure them. Insuring your luxury furs will protect your investment should your furs become lost, damaged, or stolen. A fur sales expert or fur storage facility can recommend a reputable insurance company that will insure your furs and protect your investment. Here are some of the benefits of insuring your luxury furs.
Homeowner’s Insurance Doesn’t Always Cover Losses
While you may have a decent homeowner’s or home renter’s insurance policy, it won’t necessarily cover all of your valuables. It may not also offer a payout if your fur coat or fur accessories are damaged in a fire or flood. Your insurance agent should be able to add a rider to your existing homeowner’s or home renter’s insurance policy that will include your fur coats and other luxury furs. You will need to get your furs appraised by a professional appraisal company that specializes in furs. This ensures that your insurance company knows the exact value of your luxury furs in the event that they are irreparably lost or damaged.
Protect Your Investment Against Loss, Theft, and Damage
Luxury furs are an investment, as they can last a lifetime with proper care, such as fur storage, fur repairs and fur restoration. Many families choose to hand their fur coats down from generation to generation. For this reason, you should protect your luxury furs from loss, theft, and damage, the way you would with any other investment. Insurance guarantees that you will receive the cash value of your luxury furs if they are stolen, or if they become damaged in a flood, fire, or other disaster.
When You Should Insure Your Fur
As a fur owner, you know the importance of fur cold storage and annual cleaning and conditioning in maintaining the health and beauty of your luxury furs. You should insure your furs at the time of purchase so your investment is protected from the start. This will protect you from loss or damage so you can enjoy wearing your beautiful fur without worry.
If you would like more information about your fur or acquiring a new fur, please call Andriana Furs at (773) 779-7000 .