At Jeweler Store Insurance, where we understand the importance of protecting your valuable jewelery assets. From engagement rings to wedding bands, necklaces, earrings, watches, and other precious gems, we recognize the significance of each piece in the collection.
Jewelery stores are a hub for elegance and sophistication, offering a wide array of meticulously crafted pieces that hold sentimental value beyond measure. However, along with the joy of owning such treasures comes the responsibility of safeguarding them against unforeseen risks. This is where insurance becomes indispensable.
At Jeweler Store Insurance, we specialize in providing comprehensive coverage tailored to meet the unique needs of jewelery owners. Our commitment to excellence revolves around ensuring peace of mind, and we achieve this through our unwavering dedication to customer satisfaction.
Our Jewellers Block Policy offers "all risk" coverage, providing you with comprehensive protection against a wide range of potential threats. Unlike traditional insurance policies that list what is covered, our approach specifies what is not covered. If a risk is not mentioned in the list of exclusions, it is automatically covered. Typical risks covered include Burglary, Robbery, Shoplifting, Grab and Run, Trick Loss, Substitution, Accidental Damage, and Fire, among others.
We offer bespoke policies tailored to their specific needs and requirements. Drawing upon our extensive experience in the industry, we craft customized solutions to address unique challenges and ensure maximum protection.
Coverage extends beyond the confines of jewelry store and can include:
We cater to a wide range of operations within the jewelry industry, including:
At Jeweler Store Insurance, customer satisfaction is our top priority. Whether you have questions about our insurance products, need assistance with a claim, or require personalized guidance, our experienced team is here to help. We are committed to providing prompt, professional, and attentive service to ensure that your experience with us is positive and stress-free.
At Jeweler Store Insurance, we understand that jewelry represents more than just monetary value – it embodies cherished memories and emotional connections. With our comprehensive coverage and personalized service, you can rest assured that your clients precious belongings are in safe hands. Experience the difference with Jeweler Store Insurance today.
Jewelery and gemstone insurance through Jewelery Store Insurance provides protection for diamonds, sapphires, emeralds, rubies, and other precious stones whether set in Jewelery or held as loose stock. Coverage typically includes theft, accidental damage and loss with options for worldwide and in-transit protection suited to both Canadian retailers and private collectors.
Yes. Loose gemstones can be insured prior to setting, but a professional appraisal or gemological certification (GIA, AGS) is typically required. This is especially important for high-value stones being stored or transported between Canadian suppliers and workshops, where exposure to theft or loss is heightened.
Gemstones are valued through a professional appraisal that considers carat weight, cut, clarity, colour, and current Canadian market demand. This ensures the insured value accurately reflects true replacement cost, preventing an underinsurance gap at claim time. Jewelery Store Insurance works with accredited appraisers to support this process.
Annual premiums depend on the declared value of the stones, the nature of the risk (retail, transit, storage), your location in Canada, and the security measures in place. As a general benchmark, rates typically range from 0.5% – 2% of insured value. Contact Jewelery Store Insurance at info@jewelerystoreinsurance.ca for a tailored quote.
Eligibility and coverage terms for lab-grown or synthetic gemstones are considered on a case by case basis. Acceptance, valuation requirements, and available coverage will depend on the individual risk and underwriting assessment.
No. Gradual deterioration, wear and tear, and damage resulting from normal use are generally excluded from coverage. Policyholders should review their policy wording for full details of applicable exclusions and limitations.
No. Upgrading or replacing a gemstone requires a policy update with a fresh appraisal or receipt for the new stone. Contact Jewelery Store Insurance at (647) 480-1515 to notify us of any upgrades so coverage is adjusted immediately and you are not left with a gap in protection.
