Jewelry is personal. It recalls emotions, moments, and milestones in your life, which is why it can be devastating if the jewelry that represents special moments in your life is damaged, lost, or stolen. A jewelry insurance policy is the best way to make sure your favorite items are protected.

To help you protect your precious pieces, the GEICO Insurance Agency has teamed up with Jewelers Mutual Insurance Group. Your jewelry deserves the best protection from the company that’s been protecting jewelry, and only jewelry, for over 100 years

Why buy jewelry insurance?

A specialized jewelry insurance policy provides comprehensive coverage. This includes coverage against scenarios—like mysterious disappearance (or unexplained loss)—that may not be covered by standard homeowners or renters’ insurance or by warranties.

How much does jewelry insurance cost?

Rates depend on where you live. But for most people, jewelry insurance will cost 1-2% of the value of your jewelry. For example, a $5,000 engagement ring could cost as little as $50 per year to insure.

What types of jewelry are covered?

There are many types of jewelry than can be covered by a jewelry policy. We can help cover:

• Engagement and wedding rings
• Earrings
• Heirloom Jewelry
• Watches
• Loose stones while being set

What isn’t covered with a jewelry policy?

There are some things that can’t be covered under by a jewelry insurance policy. In general, things that are not covered are:

• Wear and tear: Even with the best care, damage can happen over the years. Scratches and tarnishes are expected and won’t be covered.
• War and authority: Uncommon, but loss or damage due to war, military action, nuclear hazard, or confiscation by civil authority isn’t covered.
• Intentional actions: You couldn’t file a claim for purposely damaging or losing your jewelry. If you sell your earrings and the check bounces, that’s also not included.
• Pests: If rodents or insects nibble on your heirloom jewelry, that’s not covered.
• Collections such as art, guns, and coins
• Non-jewelry items such as dog jewelry tiaras and air pods.

A jewelry policy does not cover pre-existing damage to your jewelry.

Is jewelry insurance worth it?

That’s a personal choice. Ask yourself these questions to help you decide if jewelry insurance is right for you.

• If your jewelry was lost, damaged, or stolen, would you want it repaired or replaced?
• If the answer is yes, how much would you be able or willing to pay out of pocket?
• Can you imagine living without your jewelry pieces?
• Jewelry often has value that doesn’t come with a price tag. Would your heart sink if you lost your wedding band or discovered your heirloom earrings disappeared?

Do you need an appraisal to buy jewelry insurance?

While there are some exceptions, you usually do not need a formal appraisal or appraisal documentation in order to purchase a jewelry insurance policy. However, you will need an appraisal or other documentation in order to file a jewelry insurance claim.

Your jewelry isn’t ordinary, so you don’t settle for ordinary insurance.

All types of jewelry are covered, from engagement rings and wedding bands to watches, earrings, and even loose stones while they are being set.

What’s covered with a jewelry policy?

• Loss: You left your ring somewhere…on a beach towel or in a public bathroom. It’s out there somewhere and you can’t find it. Don’t panic, it’s covered.
• Theft: We all know that feeling of dread when something we cherish is stolen. Rest assured that stolen pieces are covered, too.
• Damage: You hit your diamond ring on the edge of a table and it cracks. Accidents happen; it’s covered.
• Disappearance: Sometimes jewelry just disappears—it could be lost, stolen, or fell off while you were jogging. Don’t worry, that’s covered.

Additional benefits of jewelry insurance

• Choose your own deductible
• Worldwide travel protection
• Work with your choice of jeweler
• No need for multiple estimates
• Fast, compassionate claims, with no adverse effect on homeowners or renters

Online Policy Management

Take care of your jewelry insurance online. Just log in to your account to make a payment, add jewelry to your policy, sign up for autopay, report a claim, and more.

When would my coverage begin?

You can complete the online application in about 10 minutes and, in most cases, be insured as soon as it’s received.

Tips for protecting your jewelry:

• Make sure it is insured for the right amount
• Have the item appraised
• Keep a copy of the store receipt
• Take a picture of the item
• Keep your jewelry in a secure place such as a safe-deposit box
• When traveling only bring the jewels you are going to wear
• Never leave jewelry in your luggage while being transported by an airline, cruise line, or other public transportation
• Have your jewelry inspected regularly

Still not sure if you need jewelry insurance?

Ask yourself these questions:

If my jewelry disappeared today, would I be…

• Devastated about the sentimental loss?
• Afraid to wear my other uninsured jewelry?
• Unable to cover the cost to replace it?
• Subject to coverage limits with my current insurance?
• Forced to work with a jewelry replacement company and not my preferred jeweler?
• Worried about having to settle for a replacement of lesser quality than the original?
• At risk of having my insurance rates go up?

If you answered “yes” to one or more of these questions, you’re an excellent fit for jewelry insurance.