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The Jewelry Box Blog

6 Ways to Know If You Need Jewelry Insurance

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How to lower your jewelry insurance cost

According to the Insurance Information Institute, “rings, watches and other jewelry items are among the most frequent of all home insurance content-related claims.”

Based on personal claims filed with Jewelers Mutual, disappearance is one of the most common reason for loss – and it’s a type of coverage which can be overlooked by other carriers.

Understanding the need for the right insurance often happens after it’s too late.

How do you know if your new jewelry is worth insuring?

Ask yourself these questions. If my new jewelry went missing today, would I be ...

  • Devastated about the sentimental loss?
  • Afraid to wear my other jewelry for fear of losing it?
  • Unable to cover the cost to replace the piece?
  • Subjected to coverage limits with my current insurance?
  • Forced to work with a jewelry replacement company and not my preferred jeweler?
  • Worried about having to settle for a replacement of lesser quality than the original?

If you answered “yes” to 1 or more of these questions, consider adding your new jewelry to your existing Jewelers Mutual policy.* It's a cost-effectve way to ensure that all your treasured jewelry is covered.

Not insured with Jewelers Mutual? Learn why it makes sense to have a separate policy just for jewelry.

 

 

 

*Adding jewelry to an existing policy requires a current copy of a detailed receipt, appraisal or evaluation.

 

 

 

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About Jewelers Mutual Group

Jewelers Mutual was founded in 1913 by a group of Wisconsin jewelers to meet their unique insurance needs. Later, consumers began putting their trust in Jewelers Mutual to protect their jewelry and the special memories each piece holds. Today, Jewelers Mutual continues to support and move the industry forward by listening to jewelers and consumers and offering products and services to meet their evolving needs. Beyond insurance, Jewelers Mutual’s powerful suite of innovative solutions and digital technology offerings help jewelers strengthen and grow their businesses, mitigate risk, and bring them closer to their customers. The Group insurers’ strong financial position is reflected in their 38 consecutive “A+ Superior” ratings from AM Best Company, as of November 2024. Policyholders of the Group insurers are members of Jewelers Mutual Holding Company. Jewelers Mutual is headquartered in Neenah, Wisconsin, with other Group offices in Dallas, Texas and Miami, Florida. To learn more, visit JewelersMutual.com.