Once you’re certain about the value of your jewelry and the adequacy of its insurance coverage, you need to properly handle your jewelry. After all, who wants to actually file a claim? If you own a significant amount of expensive jewelry you may want to look into other precautions such as:
Get new appraisals every two or three years, sending a copy to your insurer
Take photos of your jewelry from several angles; again, share copies with your agent or insurance company
Consider a quality in-home security system that includes cameras and a central alarm
Store jewelry in a quality storage area such as a secure safe or vault.
Take care on where and when your jewelry is worn to try to avoid becoming a theft target
When applicable, use hotel storage for safekeeping jewelry
Do not publically share pictures or information on social media regarding jewelry ownership or purchases
Consider hiding jewelry in unusual spots around the home, including hollow-out books, or false furniture areas, etc.
Don’t share information about vacations or extended time away from your residence
Keep original receipts and all appraisals, especially if they demonstrate that the jewelry’s value is appreciating
Ask your jeweler whether they have access to “Gemprint,” or a similar jewelry identification system that documents a jewel’s distinctive markings much in the manner of fingerprinting.
Consider storing jewelry that is rarely worn in a bank or saving institution’s vault. (Note that such special storage often qualifies for an insurance premium discount)
Again, your first step is to talk to an insurance professional since he or she shares your concern that you have the protection you need at a price you can afford.
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