what is valuable papers insurance 
valuable papers insurance is a special type of property casualty insurance valuable papers insurance reimburses the policyholder for the monetary value of any valuable papers such as wills trusts or corporate charters that are lost for any reason though it cannot actually replace these papers it is often purchased by corporations small businesses and wealthy people understanding valuable papers insurancevaluable papers insurance protects businesses from the expensive and often time consuming process of replacing important documents the coverage limits for valuable papers insurance can be very high in some cases however the coverage is always limited to either the actual monetary value of the papers themselves or their replacement value furthermore the papers insured must always be carefully guarded in order to file a claim for example let s say a company s headquarters is destroyed in a flood the company s property deeds documents related to a court case the company was once involved in as well as information related to personnel and other important papers were all destroyed in the flood this company has valuable papers insurance so it files a claim and is reimbursed for these documents thus saving the company money as well as time and effort involved in reconstructing the evidence from the court case medical and legal records are often the toughest to reproduce as well as documents related to research and development if a business s commercial property policy does not include valuable papers those items can be insured with an endorsement which generally provides the same or in some cases broader coverage than what is included in a typical property casualty insurance policy valuable papers insurance typically does not cover electronic files money or securities 