The Jewelry Box Blog

What Does Jewelers Mutual Group Cover?


What does Jewelers Mutual cover

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 under a Jewelers Mutual insurance policy.

What Does Jewelers Mutual Cover?

  1. Loss. You left your ring on a beach towel or in a public bathroom. Yep, it's covered.
  2. Theft. We all know that feeling of dread when something we cherish is stolen. Rest assured, your jewelry is covered.
  3. Damage. You hit your your diamond ring on the edge of a table and it cracked. Covered.
  4. Disappearance. Sometimes jewelry just disappears—it could be lost, stolen or hanging out in a drainpipe somewhere. Wherever it is, it's covered.
  5. Normal Wear and Tear. Normal wear and tear refers to the gradual wearing or damage that occurs over an extended period of use. We will pay for the following which are caused by normal wear and tear: prong retipping, broken, worn or bent prongs, broken earring posts, clasp replacement, restringing of broken or stretched pearl strands; and stone tightening.
  6. Travel. No matter where you go, your jewelry is covered, worldwide.

Big picture: a jewelry insurance policy from Jewelers Mutual is an "all perils" policy. This means that your jewelry is covered no matter the cause of damage or loss unless the cause is specifically listed as an exclusion.

What's Not Covered

So, what isn't covered under jewelry insurance? Mostly uncommon causes of loss like war and rodents.

Here's the exclusion list:

1. Civil authority, like if your jewelry is confiscated during a search by law enforcement.

2. 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. 

3. Intentional acts, like purposely damaging or losing your jewelry

4. Nuclear hazard, like a fire resulting from a nuclear reaction

5. Vermin, rodents, or insects, like a moth-infestation affecting heirlooms in the attic

6. Voluntary parting, like selling your covered jewelry and having the check bounce

7. War and military action, basically any warlike action


It's also worth noting that routine maintenance is not covered by your jewelry insurance policy. Things like ring resizing, cleanings, inspections and appraisals are not included. (But check with your jeweler, because some of these can be complimentary!)

If it seems like just about any common cause of loss is covered, that's because they are. Jewelry, especially engagement rings, is most commonly lost because it's just that, lost. What good would a jewelry insurance policy do you if it didn't cover jewelry that disappeared?

There is, of course, more fine print you'll want to check out once you get your actual policy documents, including details around your obligations when a loss occurs, how the amount Jewelers Mutual pays to your jeweler is determined, etc.

Interested in seeing how much jewelry insurance could cost you per year? It's less than you think. Check your rate using the button below. 




This is a brief overview for information purposes only. The language is not part of any described insurance policies and is not a substitute for actual policy language. Coverage is subject to policy terms and conditions.


Contact Us

If you have a media-related question, please email us at [email protected].

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 37 consecutive “A+ Superior” ratings from AM Best Company, as of November 2023. 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