Announcing: Marble members can now shop for jewelry insurance from Jewelers Mutual® Group
It’s a great day to be a Marble member! Today, we’re pleased to announce the launch of our partnership with Jewelers Mutual, our preferred partner for jewelry insurance.
Why Jewelers Mutual?
We believe Jewelers Mutual provides the easiest way for Marble members to get the benefits that come with protecting and insuring their jewelry. In fact, the process of purchasing a policy through Jewelers Mutual only takes a few minutes online.
And not only can you insure your engagement and wedding rings with them, but you can also insure your entire jewelry collection — from bracelets to earrings, watches, necklaces, and even loose stones before they’ve been set. They cover all jewelry from loss, theft, damage, and disappearance, and the coverage goes with you wherever you travel, worldwide.
One Reason Why You Should Pat Yourself on the Back for Getting Jewelry Insurance
Most people think that their renters or homeowners insurance policy is enough to cover any claims they might need to make related to their jewelry. But not you! You know better!
You know that many homeowners policies typically have coverage limits and may only pay up to $1,000 for jewelry claims, no matter the value of the piece. That means if you have an engagement ring that’s valued at $5,000 and it’s stolen, you’ll only receive a payout of $1,000 to cover the cost for a replacement. And if it was lost or damaged, it may not be covered at all!
With Jewelers Mutual, you can take advantage of a repair or replacement policy that often goes beyond what’s covered with a typical homeowners policy or rider — including loss, theft, damage, and disappearance. Instead of a cash payout, they handle matters for you and work directly with your trusted jeweler of choice (no required network or estimates needed) to repair or replace your lost or damaged item with the same kind and quality as the original, according to the value you provided for your item.
And here’s a forward-thinking move: When you insure each jewelry item for its current replacement value, you don’t run the risk of being underinsured and paying out of your own pocket if you do need to file a claim.
What to Know Before Buying Jewelry Insurance
Maybe you’re getting ready to propose — or even better, you just got engaged! (Congrats!) Or perhaps you just inherited a family heirloom, like your great-grandfather’s cufflinks. Whatever the case, it may be time to consider jewelry insurance.
If you’re ready to shop for a policy, we’d recommend having a few simple pieces of information handy, like (most importantly) the item’s value.
From there, just log into your Marble account and head to the Marble Marketplace to find Jewelers Mutual. You can also go straight to Jewelers Mutual from this blog post. In either case, you’ll be redirected to the Jewelers Mutual site, where you’ll be asked to provide some basic information, including your zip code, the type of jewelry, and the piece’s value.
And one final pro tip: you can add more than one piece of jewelry to the same policy — so make sure to include any pieces you want insured when you’re filling out the forms.
From there, you can expect the process of finalizing your quote to take just one to two minutes.
And once you’ve purchased a policy from Jewelers Mutual, log back into your Marble account and add the Declaration Page to your account under the “Other Insurance Documents” section. That way, you’ll have all your policy details handy whenever you may need them.
- Why you need a separate jewelry policy even if you have homeowners insurance
- What to know about insuring your art, jewelry, and other valuables
- What is engagement ring insurance, and what does it cover?
Coverage is subject to underwriting review and approval, and to the actual policy terms and conditions. Any descriptions are a brief summary of coverage and are not part of any policies, nor a substitute for the actual policy language.
Coverage is offered by a member insurer of the Jewelers Mutual Group, either Jewelers Mutual Insurance Company, SI (a stock insurer) or JM Specialty Insurance Company. Policyholders of both insurers are members of Jewelers Mutual Holding Company.