If you received an expensive piece of jewelry for Xmas or if you have valuable jewelry, are they insured? A standard homeowner’s policy will provide a limited amount of coverage up to a specified dollar amount as stated in your homeowner’s policy. It is advisable to purchase additional coverage also known as a floater. The floater would cover those pieces if they would be lost, stolen, or in some cases, if you lose a stone, they would be covered under this policy. May the sunshine brighten your day even more :)