If you have $500,000 in jewelry (through inheritance) and art and you live in a $500,000 house, can you insure all the jewelry and art? 
Yes , of course , but there are some things an insurer may require . You stated through inheritance . That is good because an insurer would be curious how someone with a 500,000 house can afford to purchase 500,000 in jewelry Many states , do not require companies to file rates on what the industry refers to as `` Inland Marine '' coverage.So , there is often a willingness to insure a schedule of jewelry at a specific price point the insurer deems adequate.Lastly , many insurers have multiple rates for jewelry if yours will to put the carrier on notice of an item being put in a bank vault and then taken out , then an insurer will use what are referred to as `` Bank Vault rates '' while the property is in the Bank 's Vault and charge another rate if the item is out 