Protecting your valuables: why insuring your jewelry matters

Whether it be a ring to mark an engagement or anniversary, a necklace or watch given as a gift or even a family heirloom passed through generations, jewelry often marks life's most memorable moments. While these pieces are filled with sentimental value, they’re also an investment worth protecting.

At East Street Insurance, we believe in making insurance easy to understand and accessible. Here’s how you can keep those treasured pieces, and your peace of mind, protected.

Why insure your jewelry?

Even with the best of care, accidents can happen:

• A diamond ring slips off during an outing.
• A necklace is lost while traveling.
• A bracelet is stolen.

Your homeowners or renters insurance with East Street can help cover the loss, theft or severe damage of your jewelry up to certain limits. But for higher-value pieces, additional coverage might be needed for an extra charge.

How jewelry coverage works at East Street

Homeowners and renters insurance:

Standard homeowners and renters insurance typically offers coverage for personal property, including jewelry, in the event of a covered loss like theft or fire (even while traveling!). However, these policies may have coverage limits for certain valuables.

Add additional coverage:

For high-value items, you can add on coverage (sometimes called a “rider” or “endorsement”) for extra protection.

Steps to protect your Jewelry

1. Document your jewelry: Keep receipts, appraisals and clear photos of the item. This will help in case you need to make a claim. Plus, your agent cc need this information before issuing coverage

2. Review your current policy: Contact East Street Insurance or check your policy online to understand your current coverage limits for jewelry or other valuables.

3. Consider extra coverage: For special items (e.g. a new engagement ring, luxury watch or antique necklace), ask your agent about adding scheduled personal property coverage. This ensures the full appraised value is protected.

4. Stay secure: Take steps to safeguard your valuables, such as storing them in a safe when not in use or during travel.

Ready to talk coverage?

Whether you’re giving or receiving a gift or even realizing you have a valuable piece of jewelry that may need extra protection, East Street Insurance is here to help you every step of the way. Give us a call at 833-327-8787 or get a personalized quote online to get started.

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Coverages subject to policy terms, conditions, and exclusions. Subject to underwriting review and approval.