Insurance for jewelry stores.

Jewelers block, general liability, crime, and business income for jewelry stores, covering your stock, customer pieces left for repair, and goods on memo.

What jewelers usually carry

Jewelers block
General liability, $1M / $2M
Crime and employee theft
Business income
Appraisal errors and omissions
Workers’ comp

Watch for these in a jeweler’s policy

Safe and alarm warrantiesJewelers block usually requires stock in a rated safe after hours and a monitored alarm that is set. A loss while either was not in use can be denied.
The standard theft capA standard property policy often caps jewelry theft at a few thousand dollars. That is why jewelers carry a jewelers block.
Showcase limitsMany policies limit how much stock can sit in unlocked cases or windows during business hours. A grab-and-run beyond that limit is yours.
Employee theftJewelers block often excludes theft by your own staff. A crime policy picks it up, and carriers ask about background checks.
Shipments and showsStock you mail, send by courier, or take to a show is covered only within set limits for each method. Ship above them and the loss is yours.

What landlords and suppliers ask jewelers for

Memo goodsSuppliers ask you to insure their pieces while in your store, often naming them as loss payee.
Additional insuredYour landlord or mall, on general liability.
Specific limitsMall leases often set minimum liability limits and ask for an umbrella.
Waiver of subrogationCommon in mall and street retail leases.

Questions jewelers ask

Straight answers.

The questions we hear most, answered plainly.

How is jewelry store insurance priced?

Jewelers block is priced on stock values, your safe and alarm, how you ship, and whether you travel to shows. General liability is priced on sales and square footage.

Are customers’ pieces left for repair covered?

Under jewelers block, yes, if your values include them. Repairs and consignments are property of others, so count them in your limit, not just your own stock.

Do I need coverage for appraisals?

If you appraise, yes. General liability covers injury and property damage, not the money someone loses relying on a wrong appraisal. That takes errors and omissions coverage.