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 Value | Annual Premium | Typical Excess | Valuation Required |
---|---|---|---|
£1,000 - £2,500 | £25 - £50 | £50 - £100 | Receipt may suffice |
£2,500 - £5,000 | £50 - £100 | £100 - £150 | Professional valuation |
£5,000 - £15,000 | £100 - £300 | £150 - £250 | Certified 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
- Report theft to police within 24 hours
- Notify insurer as soon as possible
- Check last known location thoroughly
- Cancel credit cards if stolen with wallet
- 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.
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.