What does my policy cover?
Your personal jewelry policy covers the jewelry item(s) listed on your policy. If you give the jewelry to someone else, like your fiancé, it's still covered. You'll need to make sure you list that person as the "jewelry wearer" on your policy, though. When you apply for insurance, you tell us who the jewelry wearer is, but you can change it at any time.
Your jewelry policy is an "all perils" policy, which is just a fancy way of saying that all loss, theft, damage or disappearance is covered unless we have specifically said we won't cover it. If it's not listed below, it's covered.
What types of items are covered?
All fine jewelry is covered. This includes rings, bracelets, earrings, chains, watches, pendants, and loose stones.
Other non-jewelry items like fine art are not covered.
What's not covered under jewelry insurance?
- Civil authority, like if your jewelry is confiscated during a search by law enforcement
- Deterioration or inherent vice: If the piece is already weak or faulty, and that weakness causes it to break or get damaged, it’s not covered. For example, if there are tiny holes in a metal ring and those holes cause it break or fall apart.*
- Intentional acts, like purposely damaging or losing your jewelry
- Nuclear hazard, like a fire resulting from a nuclear reaction
- Vermin, rodents, or insects, like an infestation affecting heirlooms in the attic
- Voluntary parting, like selling your covered jewelry and having the check bounce
- War and military action, basically any warlike action
- Resizing, cleaning and inspection
*Normal wear and tear may be covered. Examples include prong re-tipping; broken, worn, or bent prongs; broken earring posts; clasp replacement; restringing of broken or stretched pearl strands; and stone tightening. See your policy or call us at 888-884-2424 if you have questions about your coverage.