Should You Get Jewelry Insurance? We Say Yes.

In partnership with Jewelers Mutual

Of the various and sundry things in life that we traditionally endeavor to insure as thoroughly as possible — home, car, health, etc. — it’s a shame that jewelry is all-too-infrequently given proper consideration. After all, what’s the first thing that comes to mind when you hear the term “valuables”?

Additionally, the value of an engagement ring, wedding band or luxury watch more often than not goes beyond the monetary — these are items imbued with sentimental value as well, and are thus deserving of quality protection against all-too-common misfortune.

Now, chances are you may be thinking to yourself right now, “But jewelry is covered under my homeowner’s insurance, isn’t it?” And this is true, homeowner’s insurance does typically cover jewelry to varying degrees. The thing is, even the highest of those degrees often don’t even cover the cost of repairs — let alone the replacement cost — of your valuables. Furthermore, homeowner’s insurance very rarely covers instances of accidental loss … like, say, a diamond ring slipping off in the ocean or a Rolex unwittingly left on a hotel room sink. Nobody’s perfect, bad things happen, best to be prepared.

This is where our pals at Jewelers Mutual come in. They’ve been insuring jewelry — and strictly jewelry — for more than 100 years, and have you covered against just about any calamity you can think of. And they do it with a shockingly insignificant hit to your wallet: for just 1-3% of the cost of your jewelry annually, you get full-fledged peace of mind. Whether you lost it, it was stolen, got damaged or just straight up disappeared and you can’t say where, the experts at Jewelers Mutual will help you repair or replace your piece with a jeweler of your choice. What’s more, their in-house professionals will step in to deal with the jeweler personally to make sure that the repair or replacement is exactly what you want, with no stress or haggling for you.

Finally, Jewelers Mutual’s coverage includes worldwide travel — and, if you’re anything like us, you’re very much looking forward to getting some of that back on the calendar ASAP.

As for what the aforementioned “it” is that you’re looking to protect, Jewelers Mutual covers everything from watches to rings to necklaces to earrings to even loose stones. Long story short, if it blings, they’ve got your back on it.