Should I Insure Expensive Jewelry?

Benefits of Jewelry Insurance

• Start your jewelry-making business full-time or part-time.
• Find a Jewelers Mutual agent to build a customized insurance portfolio.
• Core insurance policies are available.
• Protect yourself from risks with Jewelers block and general liability insurance.
• Premiums range from $400 to $1500 per year.

Additional Insurance Considerations

• Consider product liability and workers’ compensation policies.
• Commercial general liability insurance protects against in-person shopping risks.
• Sole proprietors face risks like larger organizations and can get insured.
• Explore retail insurance options that combine coverages.

Ensuring Your Jewelry Business

• A jewelry store requires investment to start.
• Some policies are a legal requirement, such as workers’ compensation and commercial auto insurance.
• Purchase business insurance to protect your investment from risks.

Selling Your Jewelry

• Consider the need for more than a home worker’s policy when selling on Etsy or eBay.
• Ensure you have insurance coverage for selling worldwide at craft fairs.