Ask J. Shea

We Are Going to Insure Our Jewelry, Do You Have Any Recommendations?

We offer information on insuring your jewelry with Jewelers Mutual Insurance company at our store. You can also purchase insurance for your fine jewelry on your homeowners or renters policy, but be sure to ask your agent questions so that you have a good understanding of the coverage:

• Is there a deductible? If so, how much is it and how does raising or lowering the deductible affect your policy costs?
• Is an appraisal required prior to obtaining insurance? How often does that appraisal have to be updated for rising costs?
• Are the items covered no matter where they are? Would the policy cover you for a loss that occurs during domestic or international travel?
• Are items covered for full replacement cost? Must you replace the item, or can you obtain a cash settlement?
• Does the policy cover repairs to damaged jewelry?
• Does your insurance policy cover jewelry loss for reasons other than theft--such as for lost or damaged items? Read your policy carefully and ask your insurance agent to clarify the types of losses that are covered on your standard policy.


Email all of your jewelry related questions using the form on the Ask J. Shea page.