If you own valuable jewelry, it’s important to consider purchasing a jewelry insurance policy. This type of coverage can provide peace of mind and help you replace your jewelry if it’s lost, stolen or damaged either at home or while living life to the fullest.

Jewelry insurance policies are typically offered as an endorsement to a homeowners insurance policy, or as a stand-alone policy and items can be protected by either blanket or scheduled coverage. When shopping for jewelry insurance, some companies may offer discounts if you insure multiple pieces of jewelry or if you bundle your jewelry insurance with other types of coverage.

Factors to consider:

• The most comprehensive protection for your jewelry is obtained by scheduling your collection
• As the value of precious metals and stones appreciate, your jewelry may be under insured – it is important to regularly review and update your blanket and scheduled coverage to match appraisals
• A standard homeowners insurance policy has limited jewelry coverage and will not provide appropriate protection for collections exceeding a few thousand dollars

While nothing will replace the sentimental value of a wedding ring, heirloom items, or other cherished items, jewelry insurance can provide financial relief to replace or reimburse you for the loss. Policies may also provide coverage for accidental damage, such as a stone falling out of a setting or a clasp breaking. In addition, some policies will cover the cost of repairs and cleaning.

Let’s work together to review your collection and secure coverage through one of the nation’s leading insurance carriers.

Contact ZRM Brokerage to get started today.