Having a jewelry insurance policy separate from homeowners or renters insurance can be a good idea. A typical homeowners policy limits jewelry theft coverage to about $1,500, and filing a jewelry claim can raise your whole home insurance premium.1 A standalone jewelry policy can be an affordable way to protect yourself from financial losses if your jewelry is lost or stolen.
Investopedia staff chose Jewelers Mutual as the best jewelry insurance provider, along with others such as BriteCo and WAX, after a detailed research and analysis process that evaluated premiums, coverage and exclusions, quote and application procedures, discounts, and more.
Best Jewelry Insurance for 2025
- Best Overall: Jewelers Mutual
- Best for Low Premiums: BriteCo
- Best for Jewelry Replacement Value: WAX
- Best for an Easy Quote: GemShield
- Best for Discounts: Lavalier
Best Overall:Jewelers Mutual
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Why We Chose It
Jewelers Mutual is our all-around favorite because it offers comprehensive coverage with no coverage limits for individual items or the whole policy. The company also doesn’t require any appraisals when you apply, and you don’t need to give a bunch of personal information just to get a quote.
Pros & Cons
Pros
- No appraisals needed to apply
- Highest coverage limits per piece and per policy
- Comprehensive coverage that includes preventive maintenance
- Can buy through an easy online application or through a jeweler
Cons
- Many coverage exclusions
- Slightly higher premiums than competitors
- No monthly payment option
Overview
Best for Low Premiums:BriteCo
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Why We Chose It
BriteCo has the lowest premiums of the companies Investopedia staff researched. Yet the company’s coverage limits are high, and its policies cover you for up to 125% of the jewelry’s original appraised value, which is helpful if the value goes up.
Pros & Cons
Pros
- Lowest prices
- High coverage limits
- Coverage for up to 125% of replacement value
- Comprehensive coverage, including preventive maintenance
- Can buy from an agent or via online application
Cons
- Every insured item requires appraisal
- Many coverage exclusions
- Only one discount available
- Lots of personal information required for a full quote
Overview
Best for Jewelry Replacement Value:WAX
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Why We Chose It
WAX pays up to 150% replacement value, which is the highest coverage percentage Investopedia research found among top insurers.