Top Jewelry Insurance Companies 2025: Rates & Coverage

In the current environment of rising inflation and a rebound in the luxury goods market, jewelry is no longer just an accessory but a significant asset class. According to the latest market research, the global jewelry insurance market was valued at approximately $4.5 billion in 2023. It is projected to grow to $7.13 billion by 2031, with a compound annual growth rate (CAGR) of 7.39%.

As high-net-worth individuals become more aware of risk management, the demand for jewelry insurance is growing rapidly. Whether it’s an engagement ring, custom-made jewelry, or a high-value collection, standalone jewelry insurance offers more precise and comprehensive coverage compared to home insurance.

This article will comprehensively compare the best 6 jewelry insurance companies for 2025, analyzing aspects such as coverage, claims experience, premium pricing, underwriting limits, and more, helping you find the most suitable jewelry insurance provider.

Why Do You Need Jewelry Insurance?

While some home insurance policies offer limited coverage for jewelry, they often come with the following issues:

• Low coverage limits (usually under $2,500)
• Does not cover “mysterious disappearance” (like losing a ring without knowing when or how it happened)
• Complex claims process
• May increase home insurance premiums

On the other hand, specialized jewelry insurance companies typically offer:

• High coverage limits (up to $250,000 or more)
• Global coverage (valid even while traveling)
• Coverage for “mysterious disappearance”
• Customized claims services (even re-making the item if necessary)

Top 6 Best Jewelry Insurance Companies in 2025

Company Name	Annual Premium (Approx.)	Key Features	Claims Experience	Online Estimation Support	Asset Size	Recommendation Score
Jewelers Mutual	$50 – $200	Over 100 years of history, no home insurance bundle required	Fast and well-rated claims process	Available	$1.2 billion	⭐⭐⭐⭐⭐
BriteCo	$40 – $150	Transparent pricing, automatic annual valuation	High-tech claims process	Available	$50 million	⭐⭐⭐⭐⭐
Lavalier	$55 – $250	Flexible coverage, low minimum premiums	Works with Jewelers Mutual for claims	Available	$200 million	⭐⭐⭐⭐
GemShield	$45 – $180	No need to buy full home insurance	Flexible small premium policies	Available	$100 million	⭐⭐⭐⭐
Chubb	From $200	Preferred for high-net-worth clients, can bundle with other policies	Top-notch service, but higher requirements	Not available	$25 billion	⭐⭐⭐⭐⭐
AXA Art/XL Group	Custom pricing	Dual coverage for jewelry and art, ideal for collectors	High-end custom services	Not available	$70 billion	⭐⭐⭐⭐⭐

1. Jewelers Mutual (A Century of Jewelry Insurance Expertise)

Website: https://www.jewelersmutual.com/

Founded in 1913 by a group of jewelers in Wisconsin, Jewelers Mutual has over 100 years of experience in jewelry insurance. As the only insurer solely dedicated to jewelry protection, Jewelers Mutual offers a comprehensive range of policies for individuals and jewelers alike, covering risks like loss, theft, and damage.

Key Features:
• Comprehensive Coverage: Includes rings, bracelets, earrings, necklaces, and watches.
• Global Protection: Coverage is valid regardless of your location, perfect for frequent travelers.
• Fast Claims: Known for efficient claims processing with friendly customer service.

Asset Size: $1.2 billion
Recommendation Score: ⭐⭐⭐⭐⭐

2. BriteCo (Tech-Driven Jewelry Insurance Innovation)

Website: https://brite.co/

BriteCo, founded in 2017, is an innovative jewelry insurance company leveraging technology to disrupt the industry. Based in Evanston, Illinois, BriteCo allows customers to get customized quotes and purchase policies in under two minutes through its digital platform.

Key Features:
• Quick Online Coverage: Customers can easily get quotes and purchase policies in no time.
• Comprehensive Coverage: Includes loss, theft, damage, and even mysterious disappearance.
• High Compensation: Offers coverage up to 125% of the appraised value to ensure full replacement.

Asset Size: $50 million
Recommendation Score: ⭐⭐⭐⭐⭐

3. Lavalier (Tailored Jewelry Insurance for Unique Needs)

Website: https://lavalier.com/

Lavalier specializes in providing jewelry insurance services tailored to individual needs. Located in New York, Lavalier offers flexible options that allow customers to customize their policies based on personal preferences.

Key Features:
• Flexible Coverage: Offers a variety of coverage options, catering to different needs.
• Low Premiums: Affordable premiums for consumers on a budget.
• Works with Jewelers Mutual: Ensures access to a wide range of claims services.

Asset Size: $200 million
Recommendation Score: ⭐⭐⭐⭐

4. GemShield (Affordable and Flexible Jewelry Insurance)

Website: https://www.gemshield.com/

GemShield is a smaller company focused on offering affordable jewelry insurance, especially for individual pieces. Their flexible policies make it easy for consumers to get insurance for their everyday jewelry.

Key Features:
• No Need for Full Home Insurance: Only insure individual pieces, saving money.
• Fast Claims: A simplified claims process, especially suitable for clients who don’t need extensive coverage.
• Flexible Coverage: Affordable premiums for small-value jewelry.

Asset Size: $100 million
Recommendation Score: ⭐⭐⭐⭐

5. Chubb (The Preferred Choice for High-Net-Worth Clients)

Website: https://www.chubb.com/

Chubb is a global leader in insurance, offering tailored solutions for high-net-worth individuals. Chubb’s jewelry insurance products are typically bundled with home insurance, catering to clients looking for comprehensive coverage.

Key Features:
• Top-Tier Service: Provides customized claims services that meet the needs of high-net-worth individuals.
• Global Coverage: Extensive global protection, ideal for international travelers.
• High Coverage Limits: Offers high coverage limits, suited for valuable jewelry.

Asset Size: $25 billion
Recommendation Score: ⭐⭐⭐⭐⭐

6. AXA Art/XL Group (Specialized Coverage for Art and Jewelry Collectors)

Website: https://www.axaxl.com/

AXA Art, now part of AXA XL Group, is focused on offering specialized insurance for art and jewelry collectors. Their custom coverage options are designed for high-net-worth individuals with valuable collections.

Key Features:
• High-End Custom Coverage: Tailored policies designed for collectors.
• Global Coverage: Protection is available worldwide, ideal for international collectors.
• Jewelry & Art Dual Coverage: Offers one-stop coverage for both jewelry and art.

Asset Size: $70 billion
Recommendation Score: ⭐⭐⭐⭐⭐

Frequently Asked Questions (FAQ)

1. Do I need jewelry insurance?
If you own valuable jewelry, especially an engagement ring or heirloom, jewelry insurance is highly recommended. While home insurance may offer some coverage, the limits are usually low, and it doesn’t cover “mysterious disappearance.” A dedicated jewelry insurance policy offers higher coverage and more comprehensive protection.

2. How is the premium for jewelry insurance calculated?
The premium for jewelry insurance typically depends on the value of the jewelry, the coverage amount, the insurance provider, and the plan selected. On average, jewelry insurance premiums are about 1%-2% of the jewelry’s value per year.

3. What do I do if my jewelry is lost or damaged?
Most jewelry insurance companies offer a fast and easy claims process. You’ll need to provide an appraisal report and any other necessary documentation. Insurance providers usually reimburse you based on the jewelry’s market value, and some companies even offer to recreate the item.

4. Does jewelry insurance cover losses while traveling?
Many jewelry insurance companies offer global coverage, meaning your jewelry is covered even while traveling internationally.

Conclusion

Choosing jewelry insurance is a crucial step in protecting your valuable assets, especially when jewelry holds significant sentimental and financial value. Different jewelry insurance companies offer various coverage plans, and when selecting a policy, factors like premiums, claims service, and coverage limits should all be considered. With this comparison and analysis, you’ll be able to find the jewelry insurance company that best fits your needs, ensuring your jewelry stays safe and secure.

If you have any further questions or are interested in a particular insurance company, feel free to leave a comment below. Your jewelry deserves the best protection!