<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=1204737666323810&amp;ev=PageView&amp;noscript=1">
Start a Quote

Jewellery Insurance Instant Quote

You’ll have a quote in less than 60 seconds

Jewellery Insurance Instant Quote

You’ll have a quote in less than 60 seconds

Q Insights

Jewellery insurance info, helpful guides, resources and industry-leading insights.


Jewellery Insurance

How Much Does it Cost to Insure an Engagement Ring?

Replacing an engagement ring that’s been lost, stolen or damaged can be exp...

Overseas Pickpocketing Scams to Avoid

If you’re planning to travel overseas, chances are you're envisioning a rel...

Insurance Information

Watch Insurance vs Warranty: Are You Covered?

You’ve finally strapped a Rolex Submariner Ref. 5513 on your wrist, just li...

Side-by-Side Insurance Policy Comparison

If you could be doing anything today, what would it be? Shopping for insura...

How Much Does Engagement Ring Insurance Cost?

Wedding costs add up fast! And worse, the list seems to grow as you approac...

Jewellery Trends

Sydney’s Top 20 Proposal Locations

Your marriage proposal is a once-in-a-lifetime experience! It should be the...

The Straightforward Guide to Asymmetrical Engagement Rings

When you're picking out an engagement ring for your fiance, you want it to ...

How To Become a Jewellery Designer in Australia

Are you a creative person that loves the craft of jewellery design? If so, ...


Keep up to date with the latest jewellery trends, insights and inspiration from Q Report.

Engagement Rings

The Straightforward Guide to Asymmetrical Engagement Rings

When you're picking out an engagement ring for your fiance, you want it to ...

Buying Diamonds Online vs. Retail: Pros and Cons

If you’re looking to buy diamonds, you have a big decision to make, and it ...

Perth's Top Ten Proposal Locations

Planning a Perth proposal? Congrats! From luscious beaches to charming neig...


Pink Diamonds 101: What You Need to Know

Most people that are into jewellery and do some research before buying diam...

How Are Diamonds Cut?

When miners extract diamonds from the earth, the rough stones look nothing ...


Proposing at Home: Do’s and Don’ts

According to a 2019 survey of 20,000 newly-engaged couples, 21 percent of p...

Journey of a Diamond: Mines to Markets

Nestled deep in the Earth, diamonds rest for millions of years before makin...

Should I Use a Proposal Planner?

It sounds so simple. You simply drop to your knee, proclaim your love, and ...

Helpful Resources

Featured Resource

The Complete Guide to Jewellery Insurance

Access the Guide
Featured Resource

The Ultimate Guide to Luxury Watches

Access the Guide
Featured Resource

Ring Size Guide & Sizer

Download Guide

It’s no secret that diamond ring insurance is a smart investment. After all, an engagement ring is one of the most valuable purchases of your lifetime, and not simply because of its monetary value. It captures a moment in time, a commitment, and a pure expression of your love for another.


That’s why countless Aussies choose to protect their rings with insurance. However, countless more wrongly assume that their home and contents or travel insurance has them covered. In this article, we look at 5 essential things to know about diamond ring insurance and protecting your jewellery.



1. Specialised Diamond Ring Insurance is Different to Home and Contents


Home and contents insurance policies usually include some level of cover for your jewellery, but this is subject to several conditions. The amount of your cover will depend on your provider, whether or not you’ve specified jewellery on your policy, and only apply if you comply to their terms of cover.


If you rely on your home and contents to cover your jewellery, it’s likely that you:


  • Won’t be covered if you take it out of the house
  • Will need to go to a jeweller nominated by your insurance company for replacement
  • Will be covered for a low sub-limit, unless you’ve specified your high-value pieces.


On the other hand, diamond ring insurance only is tailor-made to protect your jewellery with superior cover. Click here to learn more about Q Report jewellery insurance.



2. Warranty Doesn’t Equal Insurance


It’s important for engagement ring shoppers to understand the difference between warranty and insurance, as this distinction has caught Aussies unawares in the past.


A warranty covers you for manufacturing issues for a limited time. In simple terms, it’s a guarantee that the ring has been made correctly and that it meets your expectations of quality.


Specialised diamond ring insurance, on the other hand, is cover for damage, loss and theft.


It sounds like a simple distinction, but it has caused issues in the past. In fact, the ACCC has issued several fines to retailers in other industries who have exaggerated the benefits of their warranties to consumers.



3. Insurers Like Q Report Offer Cover Up to 150%


150% cover is one exceptional benefit of specialised jewellery insurance that you won’t find with home and contents. When we insure your jewellery, we don’t just cover you for the agreed value, we actually offer cover up to 150% of that value.


This means that if replacing your jewellery costs more than the price you paid for it, we have you covered.



4. We Let You Return to Your Original Jeweller


If you rely on home and contents insurance to cover your jewellery, you’re giving them the power to dictate where to replace your precious jewellery if it’s damaged or lost.


With jewellery insurers like Q Report, we give you the choice to return to your original jeweller for replacement. We know that you chose your jeweller for a reason, and we know how important it is to have someone you trust recreate the unique ring you chose.



5. Your Rings Don’t Need to Be Expensive to Be Worth Insurance


It’s a common misconception that jewellery needs to be expensive to be worth insuring. While not all rings are worth $10,000, they’re all priceless in sentimental value.


Our Q Pocket cover provides specialist jewellery insurance for rings valued between $1000 and $5000, with instant worldwide cover, an agreed value policy, the option to return to your jeweller and more.


To see how little it can cost to protect your jewellery with the cover it deserves, get an instant online quote with us today.


New call-to-action

Jewellery Insurance Instant Quote


Jewellery Insurance Instant Quote




Related Articles

What Does Blockchain Mean for the Diamon...

Blockchain has become a promising technology for the diamond industry as it...

Sydney’s Top 20 Proposal Locations

Your marriage proposal is a once-in-a-lifetime experience! It should be the...

Insuring Your Rolex: Everything You Need...

There’s a reason you bought your Rolex.

Engagement Ring Budget Calculator

What you need to save to meet your timeframe and budget is:

This has not taken cut, colour, clarity or carat, your financial situation or your partners taste into account. There are many factors that can reduce or increase the value of an engagement ring.

Not sure where to start?

Speak with one of our Q Certified Jewellers to find out what you can afford, what your partner is looking for and what will financially work best for you.

Find your local jeweller
How much would insurance cost?
Get an instant quote