Jewelry Insurance

Most people will tell you that their most precious assets are their jewelry, be they family heirlooms, wedding rings or other personal pieces. No matter how large or small, jewelry made of authentic metals and stones will cost money to buy, and pieces will keep their value long into the future. Therefore, they are items you want to protect with quality insurance coverage. Often, the best way to obtain this protection is through a customized jewelry insurance policy.  

If you are curious about the benefits that jewelry insurance can provide, then Clockwork Insurance Services is the place to find the right answers. Jewelry insurance is one of our specialties, and we know how to customize your coverage in ways that are most beneficial to you.  

We know what we are talking about when it comes to personalized jewelry insurance. So, do not hesitate to call us at 844-288-3122 or request a quote now. 

What is jewelry insurance?  

Though you might have homeowners insurance that offers contents coverage, these policies won’t always offer adequate coverage for the extensive value of jewelry. To avoid this potential lack of coverage, consider the alternative of specific jewelry insurance.  

With a quality plan from Clockwork Insurance Services, you can insure jewelry of any shape and size, including:  


In most cases, you can insure multiple pieces under the same policy, so you won’t have to worry about juggling multiple policies for specific pieces.  

By investing in jewelry insurance, you’ll be able to gain increased coverage for these precious assets, and you can also protect them against multiple loss hazards.  

Primarily, your policy can insure your jewelry against losses like fire, theft or other household accidents. However, they can also cover situations of both jewelry loss and theft, which sometimes can be hard to find on standard home insurance.  

Additionally, many pieces can repair jewelry damaged due to accidents. For example, if a stone or band cracks, even for no obvious reason, then coverage can ensure you receive compensation for repairs. Some policies even cover preventive maintenance to items so that you can repair them long before damage becomes serious.  

Generally, jewelry insurance will cover you for the full replacement cost of the items in question. Therefore, you won’t face any depreciation factor that could reduce your overall settlement.  

What will my policy cost?  

Most jewelry policies are quite affordable, though risk factors like the quantity of insured items and their values can influence your premium. Generally, the higher your policy limits and the more value you insure, the higher your price.  

We’re committed to working with you to find a jewelry insurance policy that is in your best interest both for your coverage needs and for your budget. With us, you won’t sacrifice critical coverage just to get a cheaper policy. Instead, you can get both benefits easily and effectively.  

How Often Should Jewelry Be Appraised for Insurance?

 

While it would be more convenient to have jewelry appraised immediately after purchase and never worry about the value changing, it’s essential to keep appraisals current.

You should generally have your jewelry professionally appraised every two to three years. Older appraisals may undervalue your jewelry, resulting in a smaller payment from your insurance company if you experience a covered loss.