The Jewelry Box Blog

What Jewelry Should You Insure?

What jewelry should you insure?

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.

So, while it may be obvious to protect your diamond earrings or your wedding band, you should consider the worth of your entire jewelry box when deciding what to protect ... and what to gamble on.

Here are a few examples of not-so-obvious pieces to consider when deciding what jewelry to insure.

What Jewelry Should You Insure?

Grandma’s Sapphire Pendant

It’s not always about the monetary value. If a piece has high sentimental value, that’s a great reason to consider it as jewelry to insure.

Heirloom jewelry often represents precious memories – valueless in an appraisal, but priceless in your heart.

That antique find from your first date

Sentiment plays a part in pieces like this, but there’s another factor to consider. Antique jewelry is often irreplaceable, literally.

If you own a piece of jewelry that can’t easily (or affordably) be replicated, that’s a great reason to insure it. (And to make sure you protect it from unexpected hazards.)

Your pearl necklace

The value of a pearl can vary depending on many different factors (size, color, type, etc.), but on average, a pearl's value can be anywhere from $50 to $2000. So, if you lose a strand of pearls, it can feel devastating.

So, what jewelry should you insure? Ultimately, the debate comes down to risk versus reward.

How much does your jewelry insurance of choice cost? What are the deductible options? Once you have a policy, is it easy and affordable to add additional pieces?

Is Jewelry Insurance Worth It?

All things considered, ask yourself:

If my jewelry disappeared today, would I be …

  • devastated about the sentimental loss?
  • afraid to wear my other uninsured jewelry?
  • unable to cover the cost to replace it?

If you answered “Yes” to any of these questions, jewelry insurance sounds like just what the doctor ordered.

If you're curious to see how much a Jewelers Mutual Group insurance policy could cost you per year, click the button below to check your rate.


There are so many benefits of an insurance policy through Jewelers Mutual, but don't just take it from us! Check out what our policyholders have to say.


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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 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