Jewelers Mutual Insurance Company

Jewelers Mutual, jewelry insurance company since 1913

Jewelers Mutual Insurance Company is an insurance company dedicated exclusively to the protection of fine jewelry, from engagement rings to watches. With over 110 years of history, the entity presents itself as a benchmark in its segment and claims to have more than one million insured customers. The company underwrites, manages, and backs its own policies, which allows it to directly control customer service and claims.

Coverage for fine jewelry

Jewelers Mutual's policy covers a wide variety of risks affecting jewelry:

• Loss: if a piece is lost under identifiable circumstances, such as a bracelet slipping off at the dog park, it is covered.
• Theft: in the event of theft, the company replaces the piece with another of the same kind and quality.
• Damage: accidental knocks, crushing, or breakage are included.
• Disappearance: when a piece of jewelry disappears without explanation or knowledge of when it happened, it is also covered.
• Natural disasters: damage from floods, tornadoes, hurricanes, or earthquakes, with repair or replacement.
• Worldwide travel: coverage extends globally during travel.
• Inflation protection: if the appraisal is more than two years old at renewal, coverage limits are automatically adjusted every two years to reflect the increase in jewelry value.
• Preventive maintenance: proactive care such as re-tipping and repairing prongs, tightening stones, and replacing clasps and earring posts is covered.

Excluded are damage or loss due to war or military action, rodent or pest infestation, intentional acts or voluntary surrender, deterioration, resizing, cleaning, and inspections.

Premium cost and determining factors

Jewelers Mutual jewelry insurance typically costs between 1% and 2% of the jewelry's value per year. The premium varies based on multiple factors, including the insured's place of residence. The company offers examples of monthly and annual premiums for rings of different values ($2,500, $5,000, $7,500, and $10,000) with a $0 deductible, and allows updating the location via ZIP code for a more accurate estimate. The site indicates that coverage can be purchased from $5 per month or $60 per year.

Comparison with homeowners or renters insurance

Jewelers Mutual warns that homeowners or renters policies often offer limited coverage for jewelry, with low limits and high deductibles, which can leave the insured insufficiently protected. Jewelry-specific policies cover risks that homeowners policies often exclude or limit, such as loss, theft, damage, disappearance, natural disasters, international travel, and preventive maintenance, in addition to offering the option of a $0 deductible. The company also notes that filing a jewelry claim under a homeowners policy could increase premiums or lead to policy cancellation, while a jewelry-specific policy does not affect home coverage.

Process to insure a piece of jewelry

The site describes a multi-step procedure: estimate the rate by providing the type of jewelry and location; gather documentation, including an appraisal if possible (not always necessary to apply for coverage, but required in the event of a claim); complete the application with details about the insured, the jewelry, and other wearers; pay the first-year premium once the application is approved; and finally, enjoy the jewelry with the policy in force. The company allows insuring as many pieces as desired, and all applications are subject to underwriting review. For claims, the insured can submit the claim and the company handles repair or replacement with the customer's preferred jeweler; if applicable, the deductible is paid directly to the jeweler when picking up the piece.

Recognition and industry presence

Jewelers Mutual has been recognized as "Best Jewelry Insurance" and "Best Overall" by U.S. News and World Report and BuySide from WSJ, and "Best for Preventive Maintenance" by CNBC Select (2026). The company highlights that, as of November 2025, it earned an A+ Superior rating from A.M. Best for the 39th consecutive year, underscoring its financial strength. Additionally, more than 12,000 five-star reviews support its service, and some of the largest home and auto insurers in the United States choose it to protect their customers' jewelry.

Customer service

The company offers phone and online support, with hours Monday through Friday from 9:00 a.m. to 4:00 p.m. Customers can manage their policy, pay bills, and start and track claims through their personal account.