2025 Guide to Jewelry Insurance: How to Protect Your Engagement Ring & Fine Jewelry

Fine jewelry is more than something beautiful—it’s an investment, a milestone, and often one of the most sentimental purchases someone will ever make. At Christopher Fine Diamonds, we help clients choose the perfect engagement ring, anniversary gift, gemstone piece, or custom design. But after buying the jewelry, there’s one essential step many people forget:

Protecting it with proper jewelry insurance.

Why Jewelry Insurance Matters

Many people assume homeowners or renters insurance automatically covers jewelry. In reality, most standard policies only include a $1,500–$2,500 jewelry limit total, not per item.

That means a $7,000 engagement ring or $12,000 tennis bracelet is dramatically underinsured without additional coverage.

Good jewelry insurance should cover:

  • Loss (misplaced or dropped)
  • Theft
  • Damage (prongs, chips, breaks)
  • Mysterious disappearance
  • Travel-related loss

Types of Jewelry Insurance Coverage

1. Scheduled Personal Property (SPP)

This adds itemized protection to your home/renters policy, offering:

  • Higher individual jewelry limits
  • Replacement at current market value
  • Worldwide coverage
  • Low deductibles, often $0–$100
  • Coverage for loss, theft, damage, disappearance

2. Stand-Alone Jewelry Insurance

A dedicated jewelry policy that protects high-value pieces without modifying your home policy.

  • Coverage during travel
  • Accidental damage protection
  • Protection for newly purchased items
  • Stone replacement & repairs

The Importance of Appraisals

Any insurer will want two things:

  • A professional jewelry appraisal
  • Clear photos of the piece

Christopher Fine Diamonds provides detailed appraisals including metal type, gemstone specs, cut, clarity, color (if applicable), replacement value, and high-resolution images.

How Jewelry Insurance Handles Claims

With proper coverage, you can expect:

  • Replacement of equal or greater quality
  • Ability to use your preferred jeweler
  • Coverage that adjusts with market pricing
  • Faster, simpler claims processing

Recommended Jewelry Insurance Partner

To help our clients protect their fine jewelry, we recommend Hometown Insurance – Edmond, an independent agency that shops 25+ top-rated carriers for the best jewelry coverage options.

Explore coverage options here:
https://www.hometownokc.com

Trusted Jewelry Insurance Partner

Hometown Insurance – Edmond
Independent Insurance Agency
Address: 16362 Muirfield Place Edmond, OK 73013
Website: https://www.hometownokc.com

Protect the Jewelry You Love

Jewelry should be enjoyed—not feared. With the combination of a trusted jeweler and a knowledgeable insurance partner, your engagement ring and fine jewelry are beautifully crafted and properly protected.