jewelry insurance 101


When should I obtain it?

We recommend purchasing insurance as soon as you pick up your jewelry. This will cover your purchase immediately.

what is covered?


You left your ring somewhere—at a nail salon, at the beach, or in a public bathroom. It’s out there somewhere and you can’t find it. It’s covered.


We all know that feeling of dread when something we cherish is stolen. Rest assured your stolen piece is covered.


You hit your diamond ring on the edge of a table and it cracks, or you're pulling on a sweater and a prong is bent. Accidents happen. Jewelry insurance will cover that.

What do I need?


In order to insure your jewelry you will need to provide the insurance company with a written appraisal.

All Single Stone jewelry comes with an appraisal upon purchase. If you have a jewelry piece that was not purchased from us, and you would like it appraised, we can refer you to a trusted source that can provide one for you.

The value of jewelry can change over time so it is important to have your appraisal updated every few years. Having a current appraisal helps make sure you're covered for the most accurate amount. (This is especially important in instances where your jewelry is worth more at the time of a claim than it was when you last submitted an appraisal.)

woman's hand wearing a Single Stone three stone ring featuring an oval cut emerald center stone with a gold diamond bracelet on her wrist, clasping her other wrist which is wearing a gold tennis bracelet with French cut diamonds

What jewelry should I insure?

You should insure anything you treasure dearly. This includes jewelry such as your engagement ring, grandmother's pendant, or those heirloom earrings you rarely wear. In addition, you can cover loose stones that have been purchased or handed down by family members. While jewelry insurance does not provide you with emotional insurance, it can offer peace of mind that your loss will be covered.

What does it cost?

This will be dependent on your policy and where you live, but generally jewelry insurance will cost you about 1-3% of the appraised value annually. We recommend Jewelers Mutual for your jewelry insurance needs, but jewelry can also be covered through your own insurance broker under renters or homeowners insurance policy. Always look into what the policy covers to ensure you are covered for the full replacement cost, and choose a company you trust.