What To Know About Insuring an Engagement Ring

Posted on by admin

Why Your Engagement Ring Shouldn’t Be on Your Homeowners Policy

Your engagement ring isn’t just sentimental — it’s a high-value item that deserves proper protection. While many people assume their homeowners or renters insurance is “good enough,” in most cases it isn’t.

At Clockwork Insurance Services, we specialize in insuring fine jewelry the right way — through dedicated, standalone jewelry policies designed specifically for high-value pieces.

The Problem With Homeowners Insurance for Jewelry

Most homeowners and renters policies technically include jewelry, but with serious limitations:

Low coverage limits
Jewelry is usually capped at $1,000–$2,500 per claim unless specifically scheduled. That barely covers most engagement rings today.

High deductibles
Even if the ring is scheduled, your deductible still applies — often $1,000 or more.

Limited loss coverage
Many policies don’t cover “mysterious disappearance” (simply losing the ring), which is one of the most common claims.

Claims affect your home insurance
A jewelry claim counts as a homeowners claim, which can increase premiums or even lead to non-renewal.

The Better Solution: Standalone Jewelry Insurance

For most clients, the best option is a separate personal jewelry policy through a specialty carrier.

These policies typically offer:

  • Coverage for theft, damage, and loss (including mysterious disappearance)

  • No homeowners deductible

  • Claims that do not affect your home insurance

  • Worldwide coverage

  • Simple, fast claims handled by jewelry specialists

And despite better coverage, they’re often less expensive than adding endorsements to a homeowners policy.

How Clockwork Does It Differently

Clockwork isn’t a general agency that “also does jewelry.” We work with specialty insurance markets that focus specifically on:

  • Engagement rings

  • Fine jewelry collections

  • Watches

  • High-value personal items

We place standalone policies that protect your jewelry without risking your home insurance — and we work directly with jewelers and appraisers to ensure your coverage reflects real-world replacement values.

Do You Need an Appraisal?

Yes — and we can guide you through that as well. A proper appraisal ensures:

  • You’re not underinsured

  • You’re not overpaying

  • Claims are settled quickly and fairly

Bottom Line

If your engagement ring matters to you, it shouldn’t live on your homeowners policy.

A standalone jewelry policy gives you:

  • Better coverage

  • Fewer headaches

  • Lower risk

  • And often, a lower total cost

That’s exactly what we build for our clients every day at Clockwork Insurance Services.

How to Insure Your Wedding Ring Before the Big Day

Posted on by admin

A wedding day is the official beginning of a couple’s life together. The wedding ring is the symbol of their love for one another. To ensure its place as a family heirloom, you need personal jewelry insurance. The staff at Clockwork Insurance Services, serving Metairie, LA, can offer reasons why such coverage is a worthwhile investment.

Schedule a Professional Appraisal

To guarantee that you will receive proper coverage from a personal jewelry insurance policy, you will need documentation on the current market value of your wedding ring. It will help set the coverage limit on the policy agreement. An appraiser will prepare a written description of the ring’s characteristics (carat weight and metal type) that acts as official documentation to apply for a personal jewelry insurance policy. Also, you may want to submit a copy of the original sales receipt, a diamond certificate, or grading reports to further support your application.

Compare Coverage Options Available

To protect your wedding ring, you will need comprehensive coverage against theft, loss, and damage to your prized possession. Ideally, you do not want a deductible associated with a replacement plan for the ring. Read the proposed policy to see what coverage is included or excluded in the agreement. Personal jewelry insurance should offer the option to choose a jeweler of your choice for all repairs and possible replacement of your wedding ring.

If you are unsure if personal jewelry insurance is the right choice for your wedding ring, then speak with an insurance specialist at Clockwork Insurance Services, which serves the Metairie, LA area. They can assist with selecting the right coverage for such a valuable family heirloom. The staff’s knowledge and experience offer immediate comfort that your symbol of love is well protected before your wedding day. Call and schedule an appointment today.

Should Flippers Invest in Fine Arts and Collectibles Insurance?

Posted on by admin

Flipping is a common side hustle in today’s world. Because of this, people often go into it without the proper knowledge or protections needed to ensure success. For example, if you’re a flipper seeking out fine art and collectibles that you can flip to buyers and/or the highest bidder, should you be investing in fine arts and collectibles insurance? Here’s why it could be a worthwhile investment in your line of work, and why you should come here to us at Clockwork Insurance Services, serving Metairie, LA and surrounding areas.

Do Flippers Need Fine Arts and Collectibles Insurance?

Not all flippers may need insurance for the wares they sell. For example, flippers who are generally flipping low-value items probably won’t be too concerned if they lose some of their inventory. They can always source new inventory with very little difficulty. However, flippers who are focusing solely on exclusive collectibles or other higher-end items could see their bottom line hurt if they were to lose valuable artwork and collectibles to a fire, for example. Fine arts and collectibles insurance gives you the peace of mind knowing that you’re covered should something ever happen to your inventory. It will protect your high-end pieces and ensure that they’re safe before you’re able to sell them. If you’re a flipper with a large inventory of goods that are expensive and irreplaceable, fine arts and collectibles insurance is likely just what you need for your side hustle. 

Discover Fine Arts and Collectibles Insurance With Clockwork Insurance Services

Here at Clockwork Insurance Services, serving the Metairie, LA area, we help you find the right fine arts and collectibles insurance that will provide you with the desired level of coverage and help you stay within your budget.

Strategies for Making the Most of Your Jewelers Block Insurance Policy

Posted on by admin

Jewelers block insurance is an invaluable insurance policy that helps you protect your jewelry business, regardless of whether you’re a jewelry designer or a jewelry retailer. Because you’re handling such high-value products and because there’s a serious risk of financial loss in the event of theft or damage, this specialized policy is a must-have for anyone in the jewelry industry. That being said, how can you maximize its usefulness? Here are a few strategies for making the most of your jewelers block insurance policy, and how Clockwork Insurance Services, serving Metairie, LA, can support your jewelry business. We’re always just a call or an email away!

Tips for Making Jewelers Block Insurance Work for You

Some ways you can ensure that jewelers block insurance offers the most support include the following:

  • Review all the terms of your policy extensively. Jewelers block insurance is typically an all-risk policy, which means that there’s little that’s not covered by your insurance. That being said, it doesn’t mean everything is covered. Nothing could be more devastating to a jewelry business than assuming you have coverage for what you need, only to find out that you don’t.
  • Look into companies that offer custom-designed business insurance. Having a personally tailored business insurance plan that covers every potential angle will ensure you’re fully protected, no matter what may come. 
  • Add on an umbrella insurance policy. Having extra protection never hurts, especially when you’re involved in the jewelry industry!

Shop for the Right Jewelers Block Insurance Policy With Clockwork Insurance Services

Here at Clockwork Insurance Services serving Metairie, LA, we’re dedicated to making sure that you get the right insurance policy, regardless of whether you’re looking for jewelers block insurance or something else entirely. Ready to start shopping for insurance? Get in touch with us today!

What Are the Risks Without Commercial Insurance?

Posted on by admin

Every business carries risk, but operating without commercial insurance, as provided by Clockwork Insurance Services, serving Metairie, LA, magnifies those risks in ways that can be devastating. In Louisiana, where storms, flooding, and unpredictable weather are part of life, the absence of coverage leaves companies exposed to losses that could erase years of hard work overnight.

Property Damage and Loss

Imagine a fire sweeping through a restaurant kitchen or a hurricane damaging a warehouse roof. Without property insurance, the entire cost of rebuilding and replacing equipment falls directly on the owner. Few businesses have sufficient cash reserves to cover those expenses without incurring heavy debt or, worse, closing their doors.

Liability Threats

Every customer who enters a store, every service delivered, and every product sold carries a measure of liability. If a visitor slips on a wet floor or is harmed by a defective product, the business may be liable for medical bills, legal defense, and potential settlements. Without liability insurance, those costs become personal obligations that can quickly drain business assets.

Employee-Related Risks

When staff are involved, the stakes climb even higher. An employee injury without workers’ compensation coverage can lead to lawsuits, wage replacement demands, and long-term strain on the company. Insurance provides a structured way to manage these situations, but without it, owners may face claims that threaten payroll and operations.

The Bigger Picture

Going uninsured does not just create vulnerability in isolated cases; it undermines long-term stability. A single major event can wipe out savings, disrupt growth, and damage relationships with both customers and employees. Commercial insurance enables businesses to absorb unexpected shocks and continue moving forward, even when unforeseen events occur.

Without it, owners gamble their company’s future every day. Commercial coverage provides the protection needed to focus on growth instead of survival. Contact Clockwork Insurance Services, serving Metairie, LA, today to ensure you have the coverage you need.

Does a Thrift Shop Need Fine Art and Collectibles Insurance?

Posted on by admin

At Clockwork Insurance Services, we provide high-quality insurance solutions for businesses and residents. We can help your thrift shop secure insurance for fine art and collectibles to protect your valuable items. But do you really need this type of coverage? Absolutely!

Why Your Thrift Shop Needs Fine Art and Collectibles Insurance

A successful thrift shop often encounters unique and valuable items daily, some of which can be worth a significant amount of money. Investing in fine art and collectibles insurance is a smart decision, especially if your business operates on a tight profit margin. This type of insurance covers:

  • Theft: If a valuable piece of art is stolen from your shop, this coverage can protect you. Theft is a common issue for thrift shops, particularly those in high-risk areas.
  • Damage: Protection against damage caused by events like fires, smoke exposure, or other unexpected incidents within your shop.
  • Disappearance: Coverage for scheduled items or goods that were supposed to be delivered to you but went missing during shipping. This protects both you and the sender.

However, it’s important to note that certain situations may not be covered, such as wear and tear, art displayed outside of your shop, or items exceeding your policy limits. You may be able to extend your coverage with additional options to address these exclusions.

Pay close attention to the items that come through your shop daily to determine the level of protection you need. If you frequently acquire high-value art or collectibles, investing in this insurance is essential.

We’re Ready to Help You!

If you’re looking for reliable fine art and collectibles insurance for your thrift shop, contact Clockwork Insurance Services today. We offer tailored coverage to meet your business needs. Let us help you protect your valuable inventory!

Add a Warranty That Works for You and Your Customers

Posted on by Tyler Wright

Enhance the Value of Every Sale with the JM® Care Plan

As a jeweler, your goal isn’t just to sell beautiful pieces—it’s to create a buying experience that leads to lasting customer relationships, referrals, and return visits. One powerful way to elevate your service is by offering your clients a warranty at the time of purchase.

The JM® Care Plan, offered through Jewelers Mutual®, is an easy-to-implement solution that provides peace of mind to your customers and adds value to every transaction. Whether it’s a delicate engagement ring, a luxury timepiece, or an heirloom necklace, this warranty plan helps protect the jewelry your clients love.

Why Offer a Warranty at Point of Sale?

Your customers are making a significant investment in their jewelry. By offering them a comprehensive warranty from the start, you give them a sense of security that enhances their overall buying experience. A warranty:

  • Shows your commitment to their long-term satisfaction
  • Reinforces the quality and value of the items you sell
  • Reduces post-sale concerns and service issues
  • Increases average ticket value with a seamless upsell opportunity

With the JM® Care Plan, you can offer all these benefits—and more.

What Is the JM® Care Plan?

The JM® Care Plan is a one-time purchase warranty that your customers can add at the time of sale (or within 30 days of purchase). It’s designed to protect their jewelry from not only manufacturers’ defects but also traditional wear and tear and even accidental damage.

Coverage includes:

  • Ring resizing
  • Prong re-tipping
  • Rhodium plating
  • Stone tightening
  • Watch battery replacement
  • Polishing and cleaning
  • And more

The best part? All of these services are handled directly through your store, ensuring customers return to you—not a third-party repair center.

Benefits to Your Jewelry Store

💎 Boost Customer Loyalty

Customers appreciate knowing they can return to your store for hassle-free repairs and maintenance. This keeps your brand top of mind and builds trust.

💎 Differentiate Your Store

In today’s competitive market, offering a simple, in-house warranty plan makes your store stand out. 

💎 Drive Additional Revenue

The Care Plan is a value-added service that can be easily bundled into the price of a piece. It’s a natural upsell that pays off over time, both in revenue and customer retention.

💎 Keep Service In-House

Rather than referring customers to outside repair shops, the Care Plan encourages them to return to you for service. This gives you ongoing opportunities for future sales and engagement.

Ready to Offer a Better Experience?

At Clockwork Insurance Services, we go beyond traditional coverage. We work closely with jewelers to understand their full business picture—including opportunities like the JM® Care Plan that enhance customer service and store profitability.

Whether you’re looking to provide greater protection to your customers, increase your average ticket value, or just simplify post-sale service, the JM® Care Plan is the solution.

📞 Call us at 504-262-8240
🌐 Visit us at clockworkinsurance.com
🔗 Learn more about the JM® Care Plan directly at jewelersmutual.com/jeweler-care-plan

What are the Advantages of Jewelers Block Insurance for Business Owners?

Posted on by admin

No matter the size of your business in Metairie, LA, having the right insurance coverage is crucial to secure your investment. This is especially true for businesses dealing with valuable inventory. When your inventory consists of jewelry, having insurance to cover a variety of situations becomes a priority. Our team at Clockwork Insurance Services can provide jeweler’s block insurance to help cover those unforeseen circumstances.

What Does Jeweler’s Block Insurance Cover?

For businesses operating in the jewelry industry, jeweler’s block insurance is a specialized policy that provides a safety net you’ll want to have in place. This insurance protects items whether you work with and sell finished pieces, custom pieces, gemstones, or precious metals.

Benefits of a Jeweler’s Block Policy

Consider the following advantages of having a jeweler’s block policy in addition to your traditional insurance policy:

  • Accidental damage – Accidents happen; protect your products.
  • Money protection – Safeguard against money loss, whether the money is compromised (stolen) on the premises, or at an event taking place off the premises.
  • Burglary – Protection against break-ins and theft, as well as more elaborate schemes to steal your inventory.
  • Transit (International and Domestic) – Whenever jewelry is being transported, the pieces and gems are protected.
  • Exhibits and Trade Shows – Trade shows are part of many industries, including jewelry. Protect your inventory when traveling to and participating in these shows.

Contact Our Insurance Team in Metairie

When your business in Metairie, LA involves valuable jewels, gems, and more, add a layer of protection with a jeweler’s block policy. Contact us at Clockwork Insurance Services as soon as possible so we can discuss your current traditional policy and how a jeweler’s block policy can supplement where your standard policy leaves off.

What Commercial Insurance is Best for My Particular Industry?

Posted on by admin

Whether you’re launching your first Cajun-themed restaurant or managing a regional HVAC business, securing adequate insurance is crucial for any commercial property owner or operator. Regardless of your industry, finding a suitable insurance policy is imperative. For business owners in Metairie, LA, partnering with Clockwork Insurance Services can help you find the proper protection for the peace of mind you deserve.

Hospitality Industry

If you own a restaurant, catering service, bar, or café, consider general liability, liquor liability, and traditional commercial property insurance policies. If you have any employees, including contractors, you may need workers’ compensation, depending on your business model.

Construction and HVAC Industry

Those working in construction or HVAC face a higher risk of injuries, equipment theft, and property damage. General, builders’ risk, and commercial auto insurance are all recommended. Contractor’s equipment and workers’ compensation insurance may also be beneficial.

Healthcare Industry

If you’re a dentist, doctor, therapist, home health aide, or own your clinic, you may need medical malpractice and cyber liability insurance in addition to traditional general liability insurance. A business owner’s policy (BOP) is also recommended.

Retail Industry

As a grocery store, boutique, or specialty shop owner in the retail industry, you need a business owner’s policy (BOP), along with general liability and commercial property insurance. For added protection, consider cyber liability insurance or even inland marine insurance for managing mobile equipment.

Understanding how commercial insurance works is crucial for a business owner in any city or state. Whether you’re a business owner in fashion, hospitality, health, retail, or the arts, protecting yourself with the right policy can make a significant difference. To learn more about your insurance options in Metairie, LA, contact Clockwork Insurance Services today.

Insurance Merger or Acquisition? Time To Act

Posted on by admin

When your insurance provider is merged with or bought by a larger company, it can often feel like you’re left in the shuffle. This is the perfect time to reassess your coverage and explore new options. Shopping around could help you identify the gaps in service and coverage that may arise from the transition. Below are some key areas where larger agencies may not be right for your business, and why it’s important to take action:

1) Competitive Costs May Be Lost

Larger insurance companies often standardize their offerings and may not have the flexibility to shop for the best rates or uncover discounts that specifically apply to your business. As a result, you could end up with a policy that doesn’t offer the most competitive pricing or the best value for your coverage needs. It’s worth revisiting your options to ensure you’re getting the most cost-effective solution available.

2) One-Size-Fits-All Solutions

When an insurance agency is acquired by a larger company, the focus often shifts to standardized policies designed for mass appeal. This means your unique business needs may not be fully addressed. The flexibility to customize policies based on the specific risks and nuances of your business may be lost in the process. It’s crucial to review your policy and determine whether it’s truly tailored to your needs or if you’re simply receiving a generic solution.

3) Customer Service Can Become Impersonal

One of the biggest frustrations with larger insurance companies is the shift toward impersonal customer service. With call centers and automated systems becoming more common, you may find it difficult to get direct answers to your questions. Navigating through long hold times, repetitive scripts, and multiple agents can leave you feeling frustrated and disconnected. Personal, timely service may become a casualty of the merger, which can significantly impact your experience as a policyholder.

4) Inconsistent Support and Lack of Dedicated Agents

In the wake of an acquisition, you may be assigned to a different representative each time you call. This lack of continuity can make it harder to develop a relationship with someone who truly understands your business and its specific needs. When you need assistance, it can be frustrating to explain your situation to a new agent who isn’t familiar with your history or the nuances of your policy. Consistency in support is critical, especially when dealing with complex insurance needs.

5) Longer Response Times

Larger insurance companies often face delays in addressing client needs due to their size and bureaucracy. What used to be a quick response from your former agency may now take much longer, especially when it comes to claims or urgent policy adjustments. If your business is growing or evolving, having timely responses and quick access to support becomes even more important.

Conclusion

When your insurance provider is merged or acquired by a larger company, the services you once relied on may change. From increased costs and impersonal service to longer response times and less tailored coverage, the shift can create significant challenges. Now is the perfect time to reassess your policy and explore options that better serve your business’s unique needs. Take action and review your coverage after a merger or acquisition.

At Clockwork Insurance, we prioritize your business’s protection and peace of mind. Let us help you navigate these changes and find the right coverage for your future.

Contact us today to learn more!

Archives

Categories