How much should I insure my item for?
Your policy with Jewelers Mutual Group is a repair or replacement policy. It’s not a cash reimbursement policy.
The item value you choose when applying for insurance is the highest amount we will pay for your repair or replacement in the event of a loss. It's very important to get it right. That's why you might see us refer to this as the "replacement value" – because you want to choose a value that will cover you if your item needs to be replaced.
In most cases, this is the amount you see on an appraisal or detailed sales receipt from your jeweler. If you’re unsure which value to choose, please call us at 888-884-2424 for help.
Is my jewelry covered when I travel worldwide?
Yes – you’re covered when you travel if it’s a covered type of loss (see “What’s Covered?”). But your primary home must be within the US or Canada (excluding Québec).
What doesn't a rider to my homeowners insurance cover?
Depending on your policy, a rider may leave out coverage for disappearance, one of the most common causes of jewelry loss. A jewelry rider also won't have:
- Assurance that a claim won't affect coverage on your house and everything in it
- The promise to work with your jeweler, the one whom you already know and who knows your jewelry
- Jewelry experts to help you through the process
