To show our love on Valentine's Day, we often buy our significant other expensive gifts like jewelry and watches. While small valuables may be covered in your standard homeowner's or renter's policy, it DOES NOT MEAN EVERY ITEM is protected. Most policies have a built-in amount for these types of items  - but other policies EXCLUDE jewelry, artwork, musical instruments and other small valuables! It's important to understand how your policy works so if the time ever comes to report a claim, you aren't blind-sided. Talk to your agent today if you think you may need additional coverage on an item! A bill of sale or an appraisal can be used to schedule that piece. HAPPY VALENTINES DAY!