Monday, November 23, 2009

Insuring Your Diamonds


Insuring your diamond jewelry is fairly simple. Have all of your fine jewelry articles appraised and photographed by a certified appraiser. It is a good idea to have available a certificate from GIA or other independent diamond laboratories. Take the certificates and appraisals to your insurance agent and have the pieces added to your policy.

Insurance for jewelry is usually 1-3% of the value or $50 minimum per year. For instance, a diamond ring valued at $5,000 would have a premium between $50-$150 per year depending on the state you live in.

It´s a small price to pay to insure replacement of your fine jewelry in the event of a loss.

2 comments:

Halo Coy on December 4, 2009 7:14 PM said...

good post my friend, thanks. please comment back okay

Zamrud on December 10, 2009 4:36 AM said...

It's nice info and give inspiration !
I come and follow, you can do as I do please...