Jewelers mutual insurance

Jewelers Mutual Insurance is a specialized insurance product that covers jewelry against risks like theft, loss, damage, and mysterious disappearance. Jewelers Mutual Insurance Company, founded in 1913, insures over $8 billion worth of personal jewelry for more than 1 million policyholders in the United States and Canada.

Policies from Jewelers Mutual cover engagement rings, wedding bands, watches, earrings, bracelets, and loose stones set by jewelers. Claims with Jewelers Mutual typically result in repair or replacement through your chosen jeweler rather than cash settlements.

Deductibles on policies can range from $0 to $5,000 depending on customer selection. Premiums average between 1%–2% of the insured item’s value annually; for example, a $5,000 ring costs about $50–$100 per year to insure.

Coverage applies worldwide so items are protected during travel outside the U.S. As confirmed by their official documentation.

Unlike homeowners insurance policies–many of which cap jewelry coverage at around $1,500–Jewelers Mutual offers full-value protection without affecting home insurance claims or premiums, according to YourInsurance.info (Your Insurance Info).