Essential Protection for Jewelry Businesses

Jewelry businesses face risks that most standard commercial insurance policies are not designed to handle. A single theft, robbery, shipment loss, damaged customer item, or missing consignment piece can create a major financial loss. Jewelers Block Insurance is specialized coverage designed to help protect jewelers’ inventory, customers’ property, and valuable goods while they are in the store, in transit, or at approved off-premises locations.

What Is Jewelers Block Insurance?

Jewelers Block Insurance is a specialty commercial insurance policy for businesses that sell, repair, manufacture, appraise, design, or handle jewelry. It is often considered a form of inland marine coverage because it protects valuable movable property, including jewelry inventory that travels between suppliers, stores, customers, repair facilities, trade shows, and other locations.

Unlike a standard Business Owners Policy, which may protect furniture, equipment, computers, and general business property, a Jewelers Block policy is built specifically for high-value jewelry stock and the unique risks associated with the jewelry trade.