How to Get Personal Jewelry Insurance

While most jewelry is covered by your homeowner's insurance, you might want to get personal jewelry insurance if you have expensive jewelry in your home. Losing a ring can be devastating.

Difficulty: Easy

Instructions

1. Check your homeowner's insurance policy. Look for how much your jewelry is covered up to. Make sure that your policy covers loss, theft, and damage. If your insurance policy is only covering a fraction of what your jewelry is worth then you need to get personal jewelry insurance.

2. Ask your insurance agent if you can add on extra insurance for your jewelry. Many insurance companies will allow you to insure your jewelry separately with extra coverage for a small amount. This will probably be cheaper then getting personal jewelry insurance.

3. If you determine that you need personal jewelry insurance, have your jewelry appraised by a specialists. Combine all the appraisals of your jewelry into one figure. You will need this figure to obtain quotes for personal jewelry insurance.

4. Obtain free quotes online. Many companies offer free personal jewelry quotes online. Use the number generated from your jewelry appraisals to assure an accurate quote.

5. Compare the quotes and coverage to determine the best personal jewelry insurance that best fits you. Make sure to thoroughly read the coverage policy before signing any application.