Jewelry Insurance vs. Care Plan: What's the Difference?
A comprehensive comparison between jewelry insurance and a care plan
- Insurance protects against loss, theft, and damage
- Care plans cover cleaning, repairs, and maintenance
- Insurance has annual costs; care plans are one-time/lifetime
- Combined, they ensure full protection and preservation
- The best solution for complete jewelry security
After purchasing the jewelry you’ve been eyeing, the next step is protecting it. While many assume that insurance and care plans offer the same protection, they serve different purposes — and together, they provide total peace of mind.
Jewelry Insurance: Coverage for the Unexpected
Jewelry insurance helps protect your piece in the event of unexpected loss, theft, or accidental damage. Coverage is based on your item's appraised value, with policies available for a monthly or annual premium. Many also include worldwide protection for added peace of mind.
What It Covers:
Loss, theft, or disappearance
Accidental damage (e.g., broken prongs or shattered stones)
Worldwide coverage for added peace of mind
Jewelry Care Plan: Protection for Daily Wear
A care plan helps preserve your jewelry’s beauty and structure through regular maintenance and repairs. It covers issues like worn prongs, resizing, and loose or missing diamonds, and more. Available as a single payment at checkout, with 3-year or lifetime coverage options.
What It Includes:
Routine cleaning, polishing, and rhodium plating
Resizing, clasp repair, and stone tightening
Replacement of chipped, cracked, or missing stones
Key Differences at a Glance
Should You Get Both?
Absolutely. Insurance protects against the unexpected; care plans guard against the inevitable. Together, they help ensure your jewelry stays as secure and stunning as the day you got it.
Have questions? Our gemologists are here to help.
