Your Masterpiece Deserves a Master Insurer
Many big-name insurers are jacks-of-all-insurance trades. Your jewelry deserves more.WHAT WILL IT COST ME?
How the Big Names Compare to the Experts
|See How We Compare||Jewelers Mutual||Typical Homeowners|
|Damage||Not always covered|
|Flood or Earthquake||Not always covered|
|Out-of-Pocket Cost||$0 deductible option||Homeowners deductible applies|
Tell me more (5 Minute Read)
With your homeowners policy, you will typically get a check for the amount your jewelry is insured for. It will then be up to you to try to get something similar to what you had before.
With a Jewelers Mutual policy, one of our jewelry experts will connect you with your jeweler to find a same-kind-and-quality replacement for your jewelry. All the work behind-the-scenes is done for you by someone who specializes in the unique properties of fine jewelry.
A jewelry claim filed against your homeowners policy could affect your entire policy. Your premium could go up or your eligibility could be affected at renewal. A standalone jewelry insurance policy keeps your small, easily misplaced valuables separate from your home and the rest of your belongings.
After you insure your jewelry on your homeowners policy, you'll likely set it and forget it. The market value of your jewelry could change and your insured value could stay the same, potentially making it difficult to get a claim payment significant enough to repair or replace your jewelry.
Jewelers Mutual specializes in jewelry and understands the jewelry market. We have a yearly Insurance Value Adjustment (IVA) in place to help ensure your coverage limit matches what it would actually cost to replace your jewelry in today's market. (This is basically a percentage increase in your coverage limit (and consequently, your premium) meant to keep you from being underinsured. It is only applicable if you do not have a recent (within 24 months) appraisal on file. You can opt-out if you choose.)
You left your ring somewhere – on a beach towel or in a public bathroom. It’s out there somewhere but you can’t find it. It’s covered.
We all know that feeling of dread when something we cherish is stolen. But you can rest assured that your stolen piece is covered, too.
You hit your diamond ring on the edge of a table and it cracks, or you’re pulling on a sweater and a prong is bent. Accidents happen. We’ll cover that.
Sometimes jewelry just disappears – it could be lost, stolen or hanging out in a drainpipe somewhere. You may not be able to explain how, where or when it happened. Don’t worry, that’s covered.
All our policies extend worldwide, so know that you're covered, no matter where your travels may take you.
What Jewelers Mutual Doesn’t Cover
What Our Policyholders Say
What it Costs
Who is Jewelers Mutual anyway?
Jewelers Mutual was founded in 1913 by jewelers, for jewelers. We started out insuring jewelry stores and businesses; then, in 1953, we added coverage for personal jewelry. We insure jewelry and only jewelry. We are the jewelry insurance experts.
How does jewelry insurance work?
When you file a claim, we don’t just cut a check and run like a traditional cash pay-out policy.
First, you let us know what happened. Then you visit your jeweler to arrange for repairs or a replacement of same kind and quality. Once you agree your watch is good as new, you pay your deductible (if you chose one), and the jeweler bills us for the rest. Simple as that.
How much does it cost?
Rates depend on where you live. But for most people, jewelry insurance costs 1-2% of the value of their jewelry. For example, a $10,000 ring costs about $100 per year to insure.
It all comes down to trust
We’re here to make this choice as easy as possible for you, every step of the way. That’s why we created a free, downloadable Buyer’s Guide to help you decide how to best protect your jewelry.