Jewelry Insurance Cost Calculator
Homeowners insurance covers only $1,000-$1,500 of jewelry by default. Engagement rings, fine watches, and family heirlooms require scheduled personal property rider ($1-$2 per $100 value) or standalone jewelry policy.
Why Homeowners Default Coverage Falls Short
Standard homeowners policies cap jewelry coverage at $1,000-$1,500 per claim and exclude theft from cars or while traveling. A $5,000 engagement ring stolen from a gym locker would receive $1,000-$1,500 maximum payout. Scheduled rider or standalone policy is essential above $1,500 value.
Rider Vs Standalone
Homeowners rider: $1-$2 per $100 value, $0 deductible, covers scheduled items only on named perils (theft, fire, accidental loss). Standalone (Jewelers Mutual, BriteCo, Lavalier): $1.00-$1.40 per $100 value, optional $0 deductible, all-risk worldwide coverage including 'mysterious disappearance' (you lost it). Standalone is usually better value.
Appraisal Requirements
Items over $5,000 require recent appraisal (within 3-5 years depending on insurer). Recommended: GIA appraisal for diamonds, AGS appraisal for colored gemstones. Annual reappraisal recommended for high-end items because precious metal and gem prices have risen 30-50% since 2020. Underinsured items pay out at appraised value, not replacement cost.
Source: Insurance Information Institute Jewelry Coverage Guide 2025, Jewelers Mutual Underwriting Standards. Last updated: May 2026.