Whether you just got engaged, just inherited meaningful pieces, or even just realized your jewelry is more valuable to you than you think, you may be considering Jewelry Insurance. Jewelry insurance is a scheduled property coverage that protects one thing and one thing only, your jewelry. You may think that your home insurance or renters insurance will cover your jewelry if it were to be lost or stolen, but it will only allow you to collect a fraction of its value. Having jewelry insurance for particular items can reimburse you for your jewelry’s full market value. Doesn’t that sound much better?
Whether your jewelry is valuable to you because of its monetary worth or it’s a special family piece, jewelry insurance may be a good idea to help keep you covered. If you were to lose your jewelry or someone were to steal it, you may find youself wishing you had better coverge for your jewelry. Still not sure if you should get specialty coverage for your jewelry? Call your agent and they may be able to help you decide what is right for you and your jewelry.