JEWELRY INSURANCE
Jewelry and valuables insurance.
A standard homeowners or renters policy typically limits jewelry coverage to $1,500 for theft. An engagement ring, watch, or family heirloom worth $5,000 or more needs to be scheduled separately. Scheduled articles coverage insures the item specifically, at its agreed value, with no depreciation.
What it covers
What jewelry insurance covers
What it covers
Agreed Value Coverage
Covers the item for its full agreed or appraised value regardless of whether it was stolen, lost, or accidentally damaged. This works like a stated amount set when the piece is scheduled, so you know the payout figure ahead of any claim.
What it covers
Mysterious Disappearance
Covers mysterious disappearance meaning you can file a claim even if you cannot explain how the item was lost.
What it covers
Worldwide Coverage
Coverage applies at home, at work, traveling, and anywhere in the world. Unlike a homeowners policy, which may restrict coverage for items taken outside the home or abroad, a scheduled jewelry policy follows the item regardless of location. This includes international travel and items stored in a safe deposit box.
What it covers
Pair and Set Coverage
If one piece of a matched set is lost or damaged, pair and set coverage addresses the reduced value of the remaining items in the collection. This is one reason owners of matched suites often schedule them on a scheduled articles policy.
Where policies have edges
What jewelry insurance does not cover
Not covered
Intentional loss or gifting
Intentional loss or giving the item away is excluded.
Not covered
Wear and gradual deterioration
Damage caused by wearing out, scratching, or normal use over time is not covered. This is a standard policy exclusion on jewelry coverage.
Not covered
Manufacturing defects
Damage caused by a manufacturing defect is excluded from jewelry insurance. This covers issues such as prong failure from poor craftsmanship, setting flaws that lead to stone loss, or structural weakness in the piece. Warranty claims for defects belong with the jeweler or manufacturer, not the insurer.
Not covered
Unscheduled New Acquisitions
Items purchased after policy inception must be reported and added to the schedule within the required reporting window to be covered. Most policies provide automatic coverage for newly acquired items for 30 to 90 days, up to a sublimit such as 25% of total scheduled values. After that window, the item is unscheduled and uninsured unless added.
Who needs this
Who needs Jewelry Insurance?
Owners of engagement rings, wedding sets, watches, heirloom pieces, or gold jewelry collections whose combined value exceeds what a standard homeowners or renters policy will pay on a theft or loss claim. The need is most acute for recently engaged couples, for households where high-value jewelry is common, and for families who hold gold jewelry in quantity as a cultural tradition. Renters with valuable jewelry are equally eligible, a renters policy carries the same $1,500 sublimit. Anyone whose pieces have appreciated significantly since the last policy review, including gold items purchased before 2024 when gold prices began climbing sharply, may find their current coverage no longer matches replacement cost. Sublimits and endorsement rules vary by state, so a coverage review can confirm how your policy treats jewelry.
What it costs
What can you expect to pay?
$50 to $200 per year for most jewelry items
Requirements by state
How does this work in your state?
Jewelry Insurance rules, regulatory requirements, and available coverage vary by state. Send us your state and details through a free coverage review and we will confirm what applies to you.
If You Need to File a Claim
Claims tips
First Steps
Report the loss immediately. For a theft, file a police report first, your carrier will require it. For damage, photograph the item before any repairs. Take the item to a qualified appraiser or jeweler for an independent damage or loss assessment if the carrier requests one. Do not attempt repairs before the carrier authorizes them.
What to Document
Locate your original purchase receipt, gemological certificate (GIA, AGS, or similar), and any prior appraisals. If the item was stolen, document when you last had it and where the theft occurred. For damage, photograph the item from multiple angles before it goes to a jeweler. Keep all repair estimates in writing.
Common Mistakes
Not having a recent appraisal on file. Jewelry values can change significantly and an outdated appraisal may result in a lower settlement than the replacement cost of the item today. Assuming a homeowners policy covers high-value jewelry, most homeowners policies cap jewelry theft coverage at $1,500 to $2,500 without a separate scheduled endorsement. Delaying a police report on a theft claim.
When to Call Us
Any time jewelry is lost, stolen, or damaged. Even if you are unsure whether the loss is covered, start a claim with us first and we will help you determine the right next step.
OUR CARRIER PANEL
Carriers We Work With
The carriers we compare are licensed and regulated in your state. We shop these markets and present the options that match your situation; a licensed advisor reviews the fit with you in a free coverage review.
AIG
Private Client Group coverage for ultra-high-net-worth families in North Atlanta.
Learn moreChubb
Premier coverage for high-value homes, collectibles, and affluent families in North Atlanta.
Learn moreJewelers Mutual Insurance
Specialty jewelry insurance for engagement rings, heirloom pieces, and watch collections.
Learn moreCommon Questions
Jewelry Insurance: frequently asked questions
What is the difference between agreed value and actual cash value for jewelry insurance?
Agreed value means you and the carrier set the insured value at policy inception and that amount is paid in full for a total loss.
Is my engagement ring covered under my homeowners insurance?
Standard homeowners policies cover jewelry for $1,500 to $2,500 for theft.
What is mysterious disappearance coverage and why does it matter?
Mysterious disappearance is insurance industry language for 'lost and you cannot explain how.' Your ring was on the dresser, then it was not.
Do I need an appraisal to insure my jewelry?
For pieces over $5,000, most carriers require a current appraisal from a certified gemologist or jewelry appraiser.
What is mysterious disappearance and why does it matter for jewelry insurance?
Mysterious disappearance means an item is lost and you do not know exactly how or where.