The 5 best jewelry insurance companies

Fortunately, certain companies specialize in jewelry insurance, and we’ve rounded up the top options available. To create our list of the best jewelry insurers, we evaluated several key factors, including company reputation, average rates, available policies, and minimum/ maximum value. As part of our analysis of company reputations, we considered AM Best ratings, which measures a company’s financial soundness. (See full methodology.)

The 5 best jewelry insurance plans of February 2024*

1. Best overall: Jeweler’s Mutual
2. Best for high replacement value: BriteCo
3. Best low-cost coverage: GemShield
4. Best flexible deductible options: Lavalier
5. Best for automatic coverage on new items: Chubb

*Last updated February 12, 2024

The following companies are well-regarded in the industry and offer competitive rates and suitable coverage for most jewelry owners. Rates and minimum/maximum coverage requirements are up to date as of February 12, 2024, and are subject to change.  

1. Best overall: Jeweler’s Mutual

About: Jeweler’s Mutual is a highly-rated, financially sound, established insurer that’s been in business since 1913. It offers stand alone jewelry insurance for all types of pieces. 

• Appraisal required: No
• Estimated monthly premium for $7,500 women’s engagement ring: $84-$113, depending on the size of your deductible 
• AM Best rating: A+
• Customer support: Jeweler’s Mutual customer service can be reached over the phone Monday thru Thursday between 7 am-7 pm CST, and Fridays…