Insurance Questions

Questions you should ask your insurance company about coverage for your fine jewelry:

  •   Are there different kinds of jewelry insurance available?
  •   What is the difference between unscheduled and scheduled coverage?
  •   Do I have a choice between an Agreed Cash Policy and a Replacement Policy?
  •   Are any security precautions required?
  •   How much will it cost for full coverage?
  •   Is there a deductible? If so, how much?
  •   Am I still covered if there is negligence or carelessness involved?
  •   What proof is needed to justify a claim?
  •   Is depreciation or appreciation ever imposed? How is it computed?
  •   Am I limited to the appraised replacement cost should there be a sizable increase in value?
  •   Can I go to whomever I wish for claim assessment and/or replacement?
  •   If there is damage to a piece, can I replace it or am I limited to repair?
  •   Will you show me the actual language in my policy which addresses each of these concerns?

jewelry insurance questions.