The Jewelry Box Blog

Keep Your Jewelry Covered for Current Value


how much is my jewelry worth

"How much is my jewelry worth and is it covered for current value?"

You’re not alone if you don’t know the answer. The most important thing is that you find out and keep your jewelry covered for current value before it’s too late. 

Given how easily a loss may occur, coupled with the financial expense of replacing the piece, insuring your jewelry for its current retail replacement value is important.

How Much is My Jewelry Worth?

Your jewelry is likely worth more now than when it was purchased.

With an increased risk of loss and theft during the summer months, now is the perfect time to visit your jeweler for an updated appraisal or evaluation. Then adjust your coverage limits accordingly.

We have found that many of our policyholders do not receive yearly jewelry inspections and re-evaluations. In the event of loss or damage to your jewelry, you could be under-insured and incur additional out-of-pocket expense for repair or replacement. We recommend that our policy holders get an appraisal every two years.

Visit your trusted jeweler to update your values.

Tell them Jewelers Mutual sent you. Then contact us to ensure you get the right amount of coverage. You’ll have the peace of mind that your jewelry is properly insured.

(Don’t forget a professional cleaning to keep your jewelry sparkling like new!)

Did you know?

You can easily add jewelry to your existing policy. If you’ve recently received jewelry as a gift or have discovered forgotten treasures at the bottom of your jewelry box, now’s the time to make sure they’re protected. All you need is a copy of a recent detailed receipt, appraisal or evaluation with a current value for the items you’d like to insure.

If you don't have jewelry insurance and wonder how much it could cost you per year, click the button below to check your rate.