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Jewelry Insurance Tips...
Personal Jewelry Insurance is a necessary evil. As crime and drugs increase, the risks involved in having Antique and Estate Jewelry just lying around your home seem to treble.
It becomes a nightmare and we are just not sure what to do..
But there are some real and practical things we can all do - and trust me, they help....
Here are some timely pieces of advice, but by no means comprehensive.
If you have special circumstances, it may pay you to go one step further and get some professional advice.
Balance and Common Sense...
If you collect Antique Jewelry and your collection has grown to more than 'Just a couple of Rings' you will have a double edged sword to handle.
In the first place you have two problems.
- You are an active buyer, so people know who you are
- The Insurance has put 'Premiums' through the roof.
Personally, we just Hate to see items collected and never worn. Jewelry was made to adorn, so if you can, wear them. But remember this is an open advert to the whole world, that you have 'Got some Jewelry' at Home.
YOUR INSURANCE POLICY...
Your Home and Contents policy 'GENERALLY' does NOT cover your personal Jewelry over a certain amount (say $500).
Plus if you had to claim, the Insurance company may take a 'premium' from you (maybe $100) which they would DEDUCT from the final payout.
The remaining $400 may not cover one item in your collection, yet alone the 'sentimental' value associated with your personal favorites.
So you will have to list all of the items individually and get a Jewelry Insurance Valuation Appraisal certificate as well.
Article Continued Below...
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#1: Complete Price Guide to Watches No. 30 - Mon, 15 Mar 2010
by Cooksey Shugart, Richard E. Gilbert, Tom Engle
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(Ranking is updated hourly. Visit the Bestsellers in Jewelry list for authoritative information on this product's current rank.)
#2: Inside the Jewelry Box, Vol. 2: A Collector's Guide to Costume Jewelry: Identification and Values - Mon, 15 Mar 2010
by Ann Mitchell Pitman
Buy new:
35 used & new from $8.47
(Ranking is updated hourly. Visit the Bestsellers in Jewelry list for authoritative information on this product's current rank.)
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by Judith Crowe
Buy new:
41 used & new from $18.72
(Ranking is updated hourly. Visit the Bestsellers in Jewelry list for authoritative information on this product's current rank.)
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