Does homeowners insurance cover jewelry?

A standard homeowners policy has a monetary reimbursement limit for jewelry, generally between $1,500 and $2,000, and your homeowners insurance deductible would apply. Adding a floater can add more specialized coverage for an important piece of your policy, but can also add to the cost.

How does jewelry insurance work?

Here is a list of our partners and here's how we make money. Jewelry insurance pays to replace or repair your jewelry if it’s stolen or damaged. You can get jewelry insurance through your homeowners or renters insurance company or from stand-alone jewelry insurers. Insurance for jewelry generally costs 1% or 2% of the item’s value per year.

How much does jewelry insurance cost?

The average cost of stand-alone jewelry insurance per year will be about 1% to 2% of the item’s value. Forbes Advisor’s analysis found an average cost of 2% of the item’s value. If your quote is coming in higher, take more time to compare other jewelry insurance quotes. Whether there is a deductible will depend on how you have insured your jewelry.