What the experts say

What’s that watch worth?; Big Brother is watching; Strong prognosis for health stocks

What’s that watch worth?

With gold and silver prices on the rise, your jewelry may be due for an insurance upgrade, said Tali Yahalom in CNNMoney.com. In the past five years, gold prices have climbed 140 percent, and silver is up 208 percent over the same period. Standard homeowners’ policies limit coverage on jewelry and other valuables to about $2,000. So if your “home is burglarized and your jewelry box is emptied, you could get shorted.” Insurance riders extend coverage on specific items, but that coverage is based on the appraised value of the object. Ordinarily, having jewelry appraised every five years is standard. “But when prices are particularly volatile, as with jewelry today,” appraisals should be done every two years.

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