jewelers mutual - jewelry insurance...

[lovehersomuch]

i wanted feedback on this company as im looking into them to insurance my fiances engagement ring...

anyone here work with them? how was your experience and do you recommend them?

thanks

 

[lovehersomuch]

from looking at their website i need to have an apprasail done.. how do i go about getting one? who would i contact and does that cost money?

what would happen if i just got a policy in few weeks lost the ring... would they just give me the money for the full value? how would they know if it was even lost in the first place?

lastly.. i think they require periodic apprasiails/evaluations done of the ring.. so i wont just be payin the cost of the annual premium with jewelry mutual but also payin for these evaulations....

 

[diamondseeker2006]

The frequent inspections kept me from going with them. I want my ring covered with no conditions. I went with Chubb. They will accept a sales receipt or the jewelers insurance appraisal if the item is under something like $50,000.

 

[lovehersomuch]

Date: 6/6/2008 11:44:38 AM
Author: diamondseeker2006
The frequent inspections kept me from going with them. I want my ring covered with no conditions. I went with Chubb. They will accept a sales receipt or the jewelers insurance appraisal if the item is under something like $50,000.

i heard that the minimum amount they will tkae for jewelry is 10k.. anything below that they wont insure.

is that right?

 

[mrssalvo]

i saw you mention in another thread you still live with your parents. you might think about having them add it to their policy (if it''s possible) until you have your house and can add it to your own policy if you don''t qualify for chubb.

if you lose or damange the ring right off the bat you will be covered but i''m sure there would be some red flags put up so i''d be careful

 

[WinkHPD]

Date: 6/6/2008 11:37:29 AM
Author: lovehersomuch
from looking at their website i need to have an apprasail done.. how do i go about getting one? who would i contact and does that cost money?

what would happen if i just got a policy in few weeks lost the ring... would they just give me the money for the full value? how would they know if it was even lost in the first place?

lastly.. i think they require periodic apprasiails/evaluations done of the ring.. so i wont just be payin the cost of the annual premium with jewelry mutual but also payin for these evaulations....

Many of our clients use them and love them. They do make you get your ring reevaluated every three years I believe so it is not as bad as you currently think.

They will know you have lost the ring when you report it. They will send you to a jeweler to get the ring replaced, you pick the jeweler, but you will NOT be getting a check for cash from them. This is strictly a replacement policy, not a replacement value policy.

Wink