What is the difference between a scheduled articles floater and a standalone jewelry policy?

The main difference is where the coverage lives and how it is structured. A scheduled articles floater is an add-on to your existing homeowners policy that lists specific high-value items, while a standalone jewelry policy is a separate contract bought on its own, usually from a specialty insurer. Both can give you broad, low-deductible protection for valuables, but they sit in different places and behave differently at claim time.

A scheduled articles floater, sometimes called a personal articles endorsement, is added to your homeowners policy. You list each item with its appraised value, and that item is then covered for nearly any cause of loss, including the ones a standard policy limits, like mysterious disappearance when a ring simply goes missing. An endorsement is an add-on that changes your base coverage, so the floater rides along on the home policy you already pay for.

A standalone jewelry policy is its own policy. It is not attached to your home insurance at all, so a claim on it does not touch your homeowners record or affect that renewal. Specialty insurers that focus only on jewelry sometimes offer slightly higher limits, worldwide coverage, and features tailored to collectors.

Here is why the choice matters in practice. With a floater, a jewelry claim becomes a claim on your home policy, which can factor into future home pricing. With a standalone policy, the jewelry claim is kept separate, but you are managing and paying for a second policy.

For example, a Roswell homeowner with a $14,000 engagement ring schedules it on her homeowners policy for about $140 a year. When the diamond falls out and is lost, the floater pays the full $14,000 with no deductible, but the claim appears on her home record. A neighbor instead buys a standalone policy for a similar premium, and his lost-stone claim stays entirely off his home insurance.

Most Georgia families do fine with a floater because it is simple and affordable, while collectors with large amounts sometimes prefer a standalone policy. We can compare both for your valuables. Start with a free coverage review at our coverage review page.