By Betsy Vereckey, AP Business Writer

NEW YORK (AP) — Do you have expensive jewelry lying around at home that you worry could be stolen? Maybe you're concerned about losing it?

If so, you probably should consider extra insurance because your homeowner or rental policy doesn't likely cover the entire cost of replacing your most valuable items.

Here's what to consider:

CHECK YOUR POLICY

Find out how much jewelry your homeowner's or renter's policy includes and what circumstances are covered.
While it depends on the individual company, most policies cover stolen jewelry, but just $1,000 to $2,000 worth, says Jeanne M. Salvatore, a spokeswoman for the Insurance Information Institute — a trade group for insurance companies.
"There will be some coverage, but it will be limited," she says.

Homeowner's insurance generally won't cover your misplacing an item, says Salvatore.

CONSIDER A FLOATER

If you have items worth more than you're covered for, consider buying an additional policy using a "floater" or "rider" for their replacement cost, which will also cover lost jewelry. For floaters, insurers typically charge a percentage of an item's value and don't levy a deductible.

To get an idea of a floater's cost, at State Farm Insurance, covering an item worth $10,000 in New York City would run about $175 per year, says Kip Diggs, a spokesman for State Farm. In a different city or state, it might cost half that, he says.