Raise Your Expectations: Protecting Your Precious Jewelry

February 5, 2025

Jewelry is more than just an accessory—it holds sentimental and financial value. Whether it’s an engagement ring, a family heirloom, or a luxury watch, ensuring proper protection is key. While Valentine’s Day is a popular time for gifting jewelry, protecting your valuables is important year-round. That’s why insuring your jewelry is a smart step to ensure protection against loss, theft, or damage.

Does Homeowners or Renters Insurance Cover Jewelry?

Many people assume their homeowners or renters insurance policy automatically covers jewelry. While these policies do provide some coverage, there are often limits on how much they will reimburse for valuables like jewelry—typically capped at around $1,500. For high-value pieces, this coverage may not be enough.

Adding Jewelry to Your Insurance Policy

To fully protect your treasured pieces, you can add a scheduled personal property endorsement, often referred to as a rider or floater, to your existing homeowners or renters insurance policy. This additional coverage provides broader protection, often covering:

Accidental loss (e.g., losing a ring while swimming)
Theft
Damage (e.g., a cracked gemstone)
Mysterious disappearance

How to Insure Your Jewelry

Get an Appraisal: Insurance providers typically require an appraisal for high-value jewelry to determine its worth.
Check Your Existing Policy: Review the jewelry coverage limits in your homeowners or renters policy to see if additional coverage is needed.
Add a Jewelry Rider: Contact your insurance provider to discuss adding scheduled coverage for full protection.
Store Securely: While insurance offers financial protection, storing your jewelry in a secure place, such as a safe, reduces risk.
Reassess Annually: The value of precious metals and gemstones can fluctuate, so updating appraisals and coverage periodically ensures you remain properly insured.

Protect Your Valuables Every Day

A beautiful piece of jewelry is a lasting investment—make sure it stays protected. Whether it’s a special occasion like Valentine’s Day or simply part of your collection, Sablich Insurance Group is here to help you find the right coverage.

Sablich Insurance Group – Protecting What Matters Most. Contact us today to review your policy and ensure your jewelry is safeguarded!

Sablich Insurance Group is licensed in Pennsylvania and New Jersey.