How the Big Names Compare to the Experts

Jewelry, like smartwatches, is covered under typical renters and homeowners insurance policies. But that coverage is usually subject to a limit of a couple grand, and even a rider or floater has its limitations.

See How We Compare Jewelers Mutual Typical Homeowners
Loss checkmark X symbol
Theft checkmark checkmark
Damage checkmark Not always covered
Disappearance checkmark X symbol
Flood or Earthquake checkmark Not always covered
Worldwide Travel checkmark checkmark
Out-of-Pocket Cost $0 deductible option Homeowners deductible applies
Effects of Claims
Insuring your jewelry with a standalone policy protects your home insurance from the effects of a claim.
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What's covered?

All the most common dangers to smartwatches. Loss, theft, damage and mysterious disappearance are covered.
It's an all perils policy, so if it's not listed as NOT covered, it's covered.

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You hit the face of your watch on the edge of a table and it cracks, or the clasp gets caught and breaks. Accidents happen. We’ll cover that.

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Sometimes stuff 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.

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You take your watch off at the gym and can’t find it after. Or you swear you put it on the counter to shower, but it’s gone. It’s out there somewhere but you can’t find it. It’s covered.

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Maybe your sketchy uncle has sticky fingers. Or your home gets broken into and they went straight for your sock drawer. You can rest assured that's covered, too.

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Worldwide Travel

All our policies extend worldwide, so know that you're covered, no matter where your travels may take you.

What's not covered?

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Virus or Programming Error

Loss or damage because of any viruses or programming errors or malfunctions is not covered.

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Deterioration & Obsolescence

Damage from inherent defects or from typical wear and tear is not covered. You also cannot recoup any lost value due to advancements in technology.

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Intentional Actions

Purposely damaging or losing your watch won’t be covered. Fraud associated with voluntary parting isn’t either. If you sell your watch and the check bounces, that’s not included.

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Data & Software

Any personalized data or customized software, like contact lists, messages, photos or apps, is not covered.

What Our Policyholders Say


How does smartwatch 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 contact the retailer where you purchased your smartwatch to arrange for repairs or a replacement of same kind and quality. You pay the cost, send us the receipt, and we'll reimburse you up to the amount you insured your smartwatch for.

How much does it cost?

Rates depend on where you live. But for most people, smartwatch insurance costs 1-2% of the value of their watch. For example, a $10,000 luxury smartwatch costs about $100 per year to insure.

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, like smartwatches and engagement rings. We insure jewelry and only jewelry. We are the jewelry insurance experts.

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Check Your Rate

Estimate your rate in less than one minute. Just tell us what you need to insure, how much it’s worth and your zip/postal code. 

No personal information needed. 

Already have a quote? Retrieve your saved quote or application.

*Coverage not available in Quebec

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 guide to jewelry insurance to help you decide how to best protect your smartwatch.