Insuring Your Valuables: Personal Article Floater

Some of the most important things we own aren’t valuable because of their price tag. They’re valuable because of the story behind them. A ring tied to a Valentine’s Day engagement. A watch passed down from a parent. A collection built slowly over years. These are the items that hold meaning far beyond dollars and cents.

At the start of a new year, it’s natural to focus on big-picture planning: homes, cars, savings goals. Personal belongings, however, often get overlooked. Not because they don’t matter, but because we assume they’re already accounted for. In reality, many high-value or sentimental items need a little extra consideration to make sure they’re properly reflected.

I’m LaTisha Moore of the LaTisha Moore Agency with Farmers Insurance, and with over 20 years in the insurance industry, one thing I’ve learned is that people rarely think about these items until after something happens. That’s why awareness, not urgency, is such an important part of the conversation.

Jewelry is often the first example that comes to mind, but it’s far from the only one. Watches, collectibles, antiques, musical instruments, specialty tools, artwork, camera equipment, laptop computer, designer handbags, or sports memorabilia- all can carry both financial and emotional weight. Because they’re used often, stored carefully, or even displayed proudly, it’s easy to overlook their true value.

Life also has a way of quietly changing what we own. Engagements, anniversaries, inheritances, promotions, new hobbies, travel, or even downsizing can all introduce meaningful items into our lives. Over time, these additions add up sometimes without us even realizing how much has changed since a policy was first set up.

That’s why periodic reviews matter. Not because something is “wrong,” but because life doesn’t stand still. What made sense a few years ago may not fully reflect where you are today. Taking time to inventory your by having items appraised, cataloging receipts, and reflecting on what you own can bring clarity, peace of mind, and fewer surprises down the road.

It’s also important to remember that value isn’t always about replacement cost. Some items can’t truly be replaced, even if something similar can be found. That emotional connection is what makes these conversations so personal. Insurance, at its core, isn’t just paperwork, it’s about protecting the pieces of life that help tell your story.

Tip of the Month: Don’t Let the Little Things Slip through the Cracks

Personal Articles Floaters, often called PAFs or scheduled items are designed to give special attention to items that don’t always fit neatly into standard coverage categories. You don’t need to think in technical terms, but it can be helpful to recognize when something you own may deserve to be listed, documented, or reviewed separately.

A good rule of thumb…

If an item would be difficult to replace—emotionally or financially—it’s worth a conversation.

This is especially true after:

• New purchases
• Gifts or inheritances
• Major life milestones
• Changes in hobbies or collections

Taking just a few minutes to review these items can help ensure that nothing meaningful is unintentionally overlooked.

As we move through the year, consider this a gentle reminder, not to worry, but to be intentional. The things we value most deserve to be seen, acknowledged, and cared for appropriately.

If you ever have questions or simply want to talk through what you own and what matters most to you, that’s what I’m here for. Sometimes the most important step is just starting the conversation.

Source: Michigan Department of Insurance and Financial Services

For More Information:

LaTisha Moore, Agent
LaTisha Moore Agency-Farmers Insurance

2820 W. Maple Rd., Suite 10
Troy, MI 48084
Office: 248.823.6688
Fax: 248.886.9130
Email: lmoore3@farmersagent.com