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Can you insure earrings with a different company than house

Susan7639

Rough_Rock
Joined
Jan 5, 2016
Messages
53
Hello, I do not have insurance on my jewelry. I have it checked lots, but earrings just feel scary to me and i would like to get insurance for them. I have read such horror stories about homeowners insurance being cancelled after claims! Is it possible to insure them with another company? Any good recs that will help you replace a very specific grade and proprietary diamond cut? Many thanks!
 

wildcat03

Brilliant_Rock
Joined
Apr 11, 2011
Messages
503
Re: Can you insure earrings with a different company than ho

I use Jewelers Mutual. You just need an up to date appraisal or receipt.
 

sonnyjane

Ideal_Rock
Joined
Jul 13, 2008
Messages
2,471
Re: Can you insure earrings with a different company than ho

wildcat03|1453750502|3981289 said:
I use Jewelers Mutual. You just need an up to date appraisal or receipt.
Same. Very happy with JM.
 

yssie

Super_Ideal_Rock
Premium
Joined
Aug 14, 2009
Messages
20,521
Re: Can you insure earrings with a different company than ho

I insure jewellery with a separate company for exactly that reason: I don't want any jewellery-related claims to have any effect on my homeowner policy or premiums.

Jeweller's Mutual specialises in insuring jewellery; some carriers will permit standalone policies but you'll want to call and find out what's offered (it seems to be dependent on location and total value). A thorough appraisal that catalogues all those details (stone info and brand, setting details, etc.) is your (only) ticket to fair replacement... to find independent appraisers start with the tab under Resources, then search the forum for experiences with the individuals listed. You can also try a generic search for "appraisers in X" if you live in a larger city.
 

Susan7639

Rough_Rock
Joined
Jan 5, 2016
Messages
53
Re: Can you insure earrings with a different company than ho

How does jewelers mutual handle claims?
 

Queenie60

Ideal_Rock
Premium
Joined
Sep 15, 2014
Messages
4,268
Re: Can you insure earrings with a different company than ho

I have my jewelry insured on my homeowners policy. I did make a large claim about 7 years ago and it did not have a negative effect on my policy. If the jewelry is listed separately on the policy, there's not a deductible and they pay with no questions asked. If it is not listed on the policy, there's still a way to make a claim however, only a percentage paid.
 

denverappraiser

Ideal_Rock
Trade
Joined
Jul 21, 2004
Messages
8,746
Re: Can you insure earrings with a different company than ho

Susan7639|1453751277|3981302 said:
How does jewelers mutual handle claims?
Most policies are written that they will replace a lost item with another of like kind and quality, and they will pay the jeweler directly for that replacement. The replacement will be based on the details submitted when you bind the policy (for example the description in your appraisal). Repairs, to the extent that they’re needed and covered under the policy, can be done by the jeweler of your choice although there are some limits for how much they will pay for what sorts of services. Each state and province has different rules and insurance is one of the most regulated products out there. The details vary from state to state and even policy to policy. For specific coverage questions, contact the underwriting department. They’re pretty responsive.
 
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