How to Secure Your Jewelry at Home
When you have valuables such as your jewelry, you should have jewelry & art insurance to protect your investment and prevent massive loss. Jewels are more vulnerable to theft, damage, and loss because most of it is small. While exploring your insurance options and looking for ways to keep your jewelry safe, there are a few things to consider.
Keep Your Jewelry Safe
Keeping your jewels secure starts at home. Therefore, here are some ways to protect your expensive investment.
Invest in Jewelry & Art Insurance
Ensure adequate insurance coverage for every piece of gemstones that you own. Your homeowners’ insurance might be sufficient, but specific jewelry protection is ideal. A jewelry policy does not restrict you to homeowners’ personal possession limitations, often insufficient for high-value jewelry collections. The policy specifically covers high-value jewelry collections.
Create an Inventory
It is difficult to adequately protect your jewelry if you do not know what you have. Create a detailed inventory of your entire collection and take pictures of each piece for documentation. In addition, have each piece appraised so the insurance company can keep appraisals on record as part of the policy. It provides a detailed record to attach to your policy for evidence in case of a loss.
Have a Specific Storage Location
Designate one place in your home to store all of your gemstones. Every piece should stay in a locked jewelry box or a safe. When you take off any piece of jewelry, even your wedding rings, proper storage keeps them secure. Locking storage is beneficial for home jewelry protection, even when you only take rings off for a shower or wash dishes.
Keep an Eye on Kids and Pets
Things that sparkle are an inherent attraction for children and pets alike. Keep your jewelry storage space locked securely when you have children or animals in the house, and avoid leaving any of your jewelry lying on a counter or sink. Animals may eat a ring knocked onto the floor, or a child may run off with it to play.
Know When Your Gems Should Come Off
Certain gemstone pieces become standard wear every day, including wedding bands, favorite pendants, or specific stud earrings. Remove rings, watches, or bracelets to keep them safe if you are doing dishes. Chemicals in dish soap can tarnish certain metals, and the dishwater may cause loose rings to fall off. Remove these jewels at bedtime as well. Hitting rings or other jewels on the bedside table or headboard might chip a stone, or you could bend a prong on the setting. Reduce the risk of damage to your jewels by storing it safely overnight.
Update Your Jewelry & Art Insurance Regularly
Contact your insurance carrier to document the addition when you acquire new jewels. The sooner you cover your new pieces, the better. Remember that your jewelry & art insurance policy only helps when your inventory is accurate, and you list each piece on the policy. Be proactive about protecting your investments.
About Byrnes Agency
At Byrnes Agency, we offer insurance solutions that can be tailored to meet your specific needs. Whether you’re looking for personal policies or commercial coverage, we have the right coverage for you. To learn more about our products, contact us today at one of our two locations.
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Phone: (860) 774-8549
394 Lake Rd
Dayville, CT 06241
United States
info@byrnesagency.com
Hours of Operation: Monday- Friday 9:00am-5:00pm
Phone: (860) 886-5498
6 Consumers Avenue
Norwich, CT 06360
United States
info@byrnesagency.com
Hours of Operation: Monday- Friday 9:00am-5:00pm