Millions of couples rekindled the romance this Valentine’s Day. In 2020, 21 percent of shoppers chose jewelry to show their love, according to a 2020 Instore Magazine article.

If you splurged on your valentine, as so many people did, then it’s time to practice a bit of “romantic practicality”. Insure Valentine's Day jewelry and protect that precious purchase.

First things first: a jewelry insurance policy from Jewelers Mutual is a repair or replacement policy.

Instead of just getting a check, you'll work directly with your jeweler (not someone we choose for you) to repair your jewelry or find a suitable replacement piece. Jewelers Mutual will work with your jeweler behind-the-scenes to coordinate payment.

Now that it's clear you'll receive a same-kind-and-quality replacement, not a check, let's move on to what is and isn't covered.

Everyone wants to save a little money when they can, right?

As with any insurance, there are certain safety precautions you can take to pay a lower jewelry insurance cost.

Insurance can be confusing. The insurance industry uses a lot of specific jargon that you likely do not use on a regular basis. (Deductibles, and premiums, and claims! Oh, my!)

Don't let these unknowns steer you in the wrong direction. Let's clear up some of these gray areas - right here, right now. We want you to feel as confident as possible that you're choosing the best insurance plan for you.

Think about all the jewelry you own. Maybe you only have one high-value piece you consider worth insuring, like an engagement ring. The rest might be worth less than $500 apiece. No big deal, right?

We don’t claim to be math experts, but that charm bracelet you’ve been adding to over the years? That baby could be worth a couple grand by the time you complete it.