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Jewelry Insurance

Specialist insurance for your precious jewelry including engagement rings, watches, and valuable pieces. Comprehensive protection against loss, theft, damage, and mysterious disappearance.

Precious Protection: With jewelry often holding both financial and sentimental value, specialist insurance provides peace of mind beyond standard home insurance limits.

Types of Jewelry Covered

Rings & Precious Stones

Comprehensive coverage for rings and precious stone jewelry.

  • Engagement rings
  • Wedding bands
  • Diamond jewelry
  • Gemstone pieces

Watches & Accessories

Protection for timepieces and precious accessories.

  • Luxury watches
  • Vintage timepieces
  • Bracelets & bangles
  • Necklaces & chains

Coverage Types

Comprehensive Protection

Loss & Theft

  • • Theft from person
  • • Burglary from home
  • • Mysterious disappearance
  • • Loss while traveling

Damage Coverage

  • • Accidental damage
  • • Stone loss or damage
  • • Setting damage
  • • Chain breakage

Additional Benefits

  • • Worldwide coverage
  • • Newly acquired items
  • • Pairs and sets coverage
  • • Increased value protection

Insurance Costs & Valuation

Jewelry ValueAnnual PremiumTypical ExcessValuation Required
£1,000 - £2,500£25 - £50£50 - £100Receipt may suffice
£2,500 - £5,000£50 - £100£100 - £150Professional valuation
£5,000 - £15,000£100 - £300£150 - £250Certified valuation
£15,000+1-2% of value£250+Annual revaluation

Security Requirements

Home Security

Safe Storage

Home safe for items over £5,000

Alarm Systems

May be required for high-value collections

Window Locks

All accessible windows must be secure

Door Security

5-lever mortice locks minimum

When Wearing Jewelry

Travel Precautions

Be discreet in unfamiliar areas

Activity Awareness

Remove during sports or manual work

Hotel Safety

Use hotel safes when traveling

Beach & Pool

Cold water can cause rings to slip off

Claims Process

Making a Jewelry Insurance Claim

Immediate Actions

  1. Report theft to police within 24 hours
  2. Notify insurer as soon as possible
  3. Check last known location thoroughly
  4. Cancel credit cards if stolen with wallet
  5. Gather all documentation

Required Documentation

  • • Police crime reference number
  • • Original purchase receipts
  • • Valuation certificates
  • • Photographs of items
  • • Proof of ownership
  • • Detailed description of loss

Choosing the Right Policy

Stand-alone vs Add-on

Compare specialist jewelry insurance with home insurance add-ons.

Coverage limitsHigher with specialist
Mysterious disappearanceUsually covered
Worldwide coverageStandard inclusion
Premium costOften competitive

Policy Features to Consider

Essential features for comprehensive jewelry protection.

  • New for old replacement
  • No depreciation applied
  • Automatic coverage for new items
  • Choice of jeweler for replacement
  • Cover during jeweler cleaning/repair

Frequently Asked Questions

How is jewelry valued for insurance purposes?

Jewelry is typically valued through professional appraisal considering current market value, craftsmanship, materials, and brand. Most insurers require valuations from certified jewelers updated every 2-3 years.

Does jewelry insurance cover mysterious disappearance?

Many specialist jewelry policies do cover mysterious disappearance (when you can't explain how an item was lost), though standard home insurance typically doesn't. Always check your policy terms.

Can I wear my insured jewelry anywhere in the world?

Most jewelry insurance includes worldwide coverage, but some policies may have territorial limits or require notification for extended foreign travel. High-risk destinations may affect coverage.

What happens if my engagement ring diamond falls out?

Quality jewelry insurance covers stone loss, including diamonds falling out of settings. The policy should cover both the cost of the stone and resetting, subject to your excess.

Are inherited jewelry pieces covered without receipts?

Yes, inherited jewelry can be insured. You'll need a current professional valuation rather than original receipts. The valuation establishes the sum insured for coverage.

Does jewelry insurance cover damage during cleaning or repair?

Most policies exclude damage during professional cleaning or repair. However, the jeweler's liability insurance should cover such incidents. Always use reputable, insured jewelers.

Protect Your Precious Jewelry

Get specialist jewelry insurance quotes from leading UK insurers. Compare coverage for engagement rings, watches, and valuable pieces.

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