Fine Jewelry Insurance:

Are there different kinds of jewelry insurance available?

What is the difference between unscheduled and scheduled coverage?

Is my policy all risk? (loss, theft, damage, mysterious disappearance, etc.)

 Do I have a choice between an agreed cash policy and a replacement policy?

Am I still covered if there is negligence or carelessness involved?

Is the item covered if lost, stolen, or damaged while in the possession of someone else? What if only part is lost, stolen, or damaged while in the possession of someone else?

Are there any geographical limitations to my coverage?

Are there any exclusions?

What types of property are not covered?

Is there any security precautions required?

How much will it cost per hundred dollars for full coverage? Partial coverage? What do I sacrifice for the limitations?

Would there be a premium savings if special precautions are taken? (e.g. if the items are kept in a home safe or safety deposit box when not being worn?)

Is there a deductible? If so, how much?

Do I have the option to increase the deductible to lower my premium? (Do I have to pay the deductible on a personal property claim?

Do I have the option of having no deductible?

Will my claim and the replacement cost be more readily accepted if the appraisal has been done by a qualified, trained Gemologist Appraiser rather than just a
Gemologist or jewelry retailer?

Is depreciation ever imposed? To what, and how is it computed?

Am I limited to the appraised replacement cost should there be a sizable increase in value?

What proof is needed to justify a claim?

If there is damage to a piece, can I replace it or am I limited to repair?

What if the lost or damaged item is irreplaceable, like a period piece? Will you indemnify me by issuing payment based on the fair market value listed on the item in the appraisal?

What is the pair and set clause? Will the insurance cover an additional amount for matching a missing item in a set or pair if it hasn’t been computed and stated?

Can I go to whomever I wish for claim assessment and/or replacement?

What criteria and standards does your company use to qualify who you use for
replacement sources?

Will you show me the actual language in my policy which addresses each concern that I have expressed, and/or adjust my policy in writing to accommodate each of
these expressed concerns?