Jewelers Mutual vs. Chubb?

[NewEnglandLady]

I know that Chubb''s policy is probably better--they just cut you a check, which is probably the easiest option when replacing a ring. Not messy, allows you complete freedom, sounds great. But the premiums are somewhat high.

So I looked into Jeweler''s Mutual and I know that their replacement policy isn''t as ideal, but they do replace the ring with a comparable ring from the SAME jeweller where the original ring was purchased and since I love the store where the e-ring was purchased, I was completely fine with that policy. Especially since the premium was cheaper.

I was just curious, though, if anybody has had a bad experience with JM? I''ve read through old posts and everybody seems to love Chubb, so I was thinking about switching when my policy is up. Just wanted to get some opinions.

 

[kcoursolle]

I have jewelers mutual, but I''ve never had to make a claim before. Everything so far has run smoothly though. The premiums even for LA are pretty reasonable and it wasn''t a problem to me to only replace through my jeweler. Some people might want the money back, but honestly I will probably always replace my jewelery and the jeweler I bought my pieces from I would work with again.

 

[diamondseeker2006]

I chose Chubb because I didn''t like JM''s policy of making you have the ring checked every so many years. I just didn''t want the hassle, and my Chubb premium was reasonable.