Inventory Protection
Jewelry inventory insurance that protects your merchandise on premises, in safes and vaults, and on display, with valuation handled correctly from day one.
No Surprises About What's Actually Protected
Inventory protection covers your jewelry stock wherever it sits on premises, whether it's locked in a safe or vault overnight or sitting in a display case during business hours. Coverage applies subject to the limits stated in your policy, and we walk through exactly what those limits are before you ever need to file a claim, so you're not left guessing whether your safe or showcase is actually covered enough.
This is where a lot of jewelers block programs get vague. Ours doesn't. We spell out safe, vault, and showcase sub-limits clearly at setup, and we structure them around how your inventory actually sits day to day, not a generic assumption about how a jewelry business operates.
Valued the Right Way, From Day One
One of the most common causes of underinsurance in this industry is not a missing peril. It's an outdated or incorrect valuation basis. Whether your policy is written on a cost or replacement valuation basis changes what you actually recover after a loss, and too many jewelry businesses find this out for the first time during a claim.
We review your valuation basis with you directly when your program is set up, and revisit it as your inventory changes, so the number attached to your policy actually reflects what it would take to replace what you've lost.
- Valuation basis reviewed and confirmed at setup, not assumed
- Ongoing check-ins as inventory value shifts
- Clear documentation of how your inventory is valued for claims purposes
What's in Your Care Is Covered, Not Just What You Own
Jewelry businesses regularly hold goods they don't technically own, and that's often where coverage gaps get discovered the hard way. Our inventory protection extends to:
- Goods taken in on memo or consignment from another business
- Goods given out on memo or consignment to a client or another jeweler
- Goods damaged while being worked on, including repair and bench work
That last point matters for any business handling repair or custom work. If a piece is damaged while it's on your bench, that's a distinct exposure from inventory sitting in a display case, and it's one we address directly rather than leaving it to a gap in a generic policy. This overlaps closely with the kind of workmanship exposure our contractor clients face daily.
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Coverage That Matches What You Actually Hold
A short conversation can show whether your safe, showcase, and memo goods are insured at the right limits and valuation basis. Request a no-cost assessment and we'll review your jewelry inventory insurance with you directly, with no obligation to change your program.
Common Questions About Jewelry Inventory Insurance
Is my jewelry inventory covered if my safe is broken into?
Yes. Inventory protection covers merchandise stored in safes and vaults against loss, subject to the limits outlined in your policy. We review those limits with you directly so there's no ambiguity about what's covered.
Is jewelry covered while it's on display in a showcase?
Yes. Inventory sitting in a showcase during business hours is covered under your inventory protection, subject to your policy's stated limits.
Is jewelry covered while being repaired?
It depends on how your policy is structured. Coverage for goods damaged while being worked on, often called workmanship coverage, is an addition to the policy rather than something included automatically. We review your repair and bench work exposure with you and is added to your program.
Am I responsible for insuring goods I take in on memo or consignment?
In most cases, yes, and our coverage extends to goods taken in on memo or consignment as well as goods you give out to others, so your responsibility for entrusted goods does not become an uninsured gap.
