Most home insurance policies only have a personal property sublimit for theft of firearms. The sublimit does not apply to other covered causes of loss. If your home burns down and you have $100k of firearms your insurance company will pay it if your personal property limit is sufficient. You don’t need a scheduled firearms endorsement for fire, tornado, water etc.
Same goes for jewelry.
Read your policy or call your agent to be sure but that is how most quality home policy coverage forms apply. If you aren’t concerned with theft losses you are probably all good.
Scheduling does give you coverage if you lose it (mysterious disappearance). That’s why a lot of people schedule their jewelry because it is easy to lose. Scheduling also allows you to get a lower deductible or no deductible. If not scheduled the home deductible applies.
If you are getting that Information from you insurance agent about Sublimit items only being for Theft, I’d get a printout of that in the policy or have the Agent give you that info. in writing and have him sign it. Not saying some policy may work that way, but none I’ve ever ran across. Money or Cash is also a sublimit item in most policies and if that is limited to just theft, there would be lots of house fire claims where someone had a rather large amount of cash that got destroyed in the fire. If you doubt anything a agent tells you, ask for it in print form and have it signed.
