Can anyone recommend an insurance policy/company for diamond jewellery? I currently need to insure a ring, earrings and a necklace.
Jewellery Insurance for Diamonds
lemc6125 on 23/04/2015 - 23:13
Comments
yeh seems just like regular contents insurance. unless they're worth over a couple hundred thousand or something
I've heard that the premiums are much higher on the contents insurance compared to getting a separate policy for them, but I may have to check that.
It'd be nice if they were over a couple hundred thousand! But no.I insured my engagement ring for years and years and the ring itself doubled our insurance premium….it was something ridiculous like adding an extra $500-$600 ontop just for the reassurance that if i lost it when out and about that it would be covered…it was piece of mind but i've just removed the cover this year as i simply couldn't justify it.
I know there are specialist jewellery insurers out there and i remember getting a quote but it was almost identical to the premium offered through our home contents insurer so wasn't worth the hassle of separating the covers. That was a couple of years ago i last checked so things may have changed but i can't remember the name of them for the life of me…i'll do a quick search and see if i can easily find them
Long term? You can just put them on your home insurance policy - many (most?) will cover them even outside the house.