What does Jewelers Mutual not cover?
*Preventative repairs may be covered. Examples include prong re-tipping; broken, worn, or bent prongs; broken earring posts; clasp replacement; restringing of broken or stretched pearl strands; and stone tightening.
At what value should you insure jewelry?
Options for insuring expensive wedding jewelry include adding a rider to a current homeowners policy that itemizes the pieces, or buying a separate insurance policy. The general rule for insuring wedding and engagement rings is $1 to $2 for every $100 of value, paid annually.
How does insurance work on jewelry?
A good insurance plan will cover the full value of your jewelry in the event of damage, theft, accidental loss, and mysterious disappearance. A jewelry insurance policy that promises to cover the full cost of your jewelry will almost always include sales taxes as a part of your coverage.
What is Zing by Jewelers Mutual?
Jewelers Mutual Group launched the Zing™ platform, created to drive the jewelry industry into the future. The Zing platform empowers jewelers to make faster, smarter business decisions, helps them create a seamless customer experience, and provides product selection not historically available to everyone.”
Is Jewelers Mutual a good insurance?
We chose Jewelers Mutual as best overall because of their industry longevity, coverage of most major perils, and you can customize your coverage without a deductible. Jewelers Mutual Insurance Group has been around since 1913, and this company boasts an A+ rating from AM Best.
Does Jewelers Mutual cover lab created diamonds?
Yes! Synthetic or laboratory-grown (lab grown) diamonds have been growing in popularity throughout the last few years.
Is Jewelers Mutual a good company?
What is Zing platform?
The Zing platform provides an easy-to-use one-stop-shop for the jewelry industry to facilitate the digital connections necessary to be successful in today’s world.
Will insurance companies insure lab-grown diamonds?
Yes! Just like a mined diamond, laboratory grown diamonds can be insured. In fact, by choosing a lab-grown diamond, you’ll not only save money on the diamond itself, but you’ll also save money on the annual premium of the insurance policy due to the lower overall cost of the insurable piece.