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Jewellery means different things to different people. Maybe it’s a bespoke engagement ring you spent months designing. Maybe it’s your grandmother’s bracelet that’s been handed down with love. Or maybe it’s a vintage piece you stumbled upon and couldn’t leave behind. Whatever the story, one thing’s clear: it’s worth more than just its price tag.
That’s why in 2025, jewellery insurance is more relevant than ever. As more people invest in meaningful, high-value pieces—custom designs, vintage rarities and heirlooms, the conversation around how to cover those items properly is shifting. And it’s one worth having.
This guide is here to give you the lay of the land. No pushy sales talk, just the kind of info we wish more people had before they needed to make a claim. We’ll walk you through:
How jewellery insurance actually works (and how it may be different from your home contents policy)
What kinds of pieces people are choosing to cover in 2025
What to look for in a policy, beyond the obvious stuff
And the small oversights that can turn into big regrets
Our goal? To help you make an informed choice whether that leads you to Q Report or not.
Jewellery insurance is a specialised form of cover designed to suit the way people actually use and care for high-value jewellery. It’s not a generic add-on, it’s tailored coverage for items that are often worn, travelled with, and deeply personal.
Unlike some standard home and contents policies, which may include sub-limits, conditions or gaps in cover, dedicated jewellery insurance can address the specific risks that come with owning valuable, wearable pieces. That includes things like accidental damage, theft, or losing an item while away from home.
For example, if a ring goes missing while you’re overseas, a policy may not cover the full replacement cost or any of it. With a Q Report policy, your jewellery is covered for like-for-like replacement or repair, putting you back where you were prior to the loss, often through the jeweller you originally purchased it from or your preferred jeweller.
A jewellery insurance policy typically includes:
Cover for theft, accidental damage, and loss
Worldwide cover (excluding sanctioned countries)
The option to return to your original or preferred jeweller for replacement or repairs
Annual revaluation to reflect changing market conditions
An additional up to 50% cover buffer if replacement costs exceed the sum insured
It’s about more than simply having a policy in place. It’s about knowing your jewellery is covered in a way that respects both its monetary value and the meaning it holds for you.
Jewellery isn’t what it used to be and neither are the people buying it. Today’s buyers are thoughtful, style-driven, and often investing in pieces that carry personal meaning or long-term value. And they’re looking for insurance that keeps up.
In 2025, we’re seeing more people choose dedicated jewellery insurance not just for traditional items, but for a wider range of pieces that reflect how they live, travel and express themselves. Some of the most commonly insured items this year include:
Custom-designed engagement rings
Everyday luxury watches
Vintage heirlooms with family significance
Occasional wear pieces like diamond studs or tennis bracelets
Gender-neutral and non-traditional jewellery designs
It’s no longer just about covering a single item, it's about covering a collection that tells a story. As jewellery becomes more diverse and more deeply connected to personal milestones, the demand for flexible, purpose-built insurance has grown alongside it.
Modern consumers aren’t looking for the bare minimum. They’re seeking coverage that respects both the value of their jewellery and the way they choose to wear it.
Insuring your jewellery doesn’t have to feel like a process full of paperwork and fine print. When done right, it’s simple, clear, and designed to support you at every stage from the first quote to a potential claim.
Here’s how it typically works, step by step:
Before you can take out a policy, your jewellery needs to have the proper value and specifications, which can usually be provided with an original receipt for recent purchases or a professional valuation. A professional valuation is usually done by a certified valuer or your original jeweller, and the valuation includes key details like the item’s specifications and current market value. It’s what your insured value is based on, so accuracy matters.
Not all insurers are equipped to cover high-value jewellery properly. A specialist provider like Q Report understands the fine details and real-world risks that come with owning unique pieces. You can start a quote online or through a Q Report Referral Jeweller. It is recommended to review the insurer's Policy Wording and PDS as well as the Target Market Determination (TMD) for terms, conditions and exclusions of the policy, and to determine if the insurance product is right for you.
Once everything’s in place and your policy is accepted, your cover officially starts. You’ll receive a Coverage Summary that includes the item description, insured value, policy dates, and other important details in writing.
If your jewellery is lost, stolen, or damaged, the claims process is usually designed to be as clear and stress-free as possible. With Q Report, you can begin the process online, via email or by giving us a call. Wherever possible, repairs or replacements are arranged through your original or preferred jeweller to maintain continuity and craftsmanship.
Market values shift, and jewellery prices can change over time. That’s why Q Report includes complimentary annual revaluation so your insured value keeps pace without you having to follow up each year.
Choosing a jewellery insurance policy isn’t just about ticking boxes, it’s about making sure the cover actually aligns with how you use and value your jewellery. As you compare your options in 2025, here are some features that may be worth considering:
Jewellery values can shift over time. Market trends, metal prices, and even exchange rates can all impact what a piece is worth. You may want to look for a policy that includes automatic annual revaluation. It keeps your cover current without the need to chase updates or pay extra to stay aligned with the market.
Some insurers will direct you to a repairer you’ve never heard of. Others, like Q Report, give you the option to go back to your original or preferred jeweller, the one who knows your piece inside and out. It’s a detail that can make a big difference in quality, trust, and outcome.
If you travel with your jewellery, even occasionally, you may want to check that your policy includes global cover. Some exclusions apply to a Q Report policy, especially in countries subject to international sanctions, but a well-structured policy may give you solid comfort almost anywhere in the world.
Sometimes, replacing a lost or damaged item costs more than expected. With Q Report, there’s an additional up to 50% cover available if the replacement cost exceeds your insured amount, for use at the discretion of the insurer. It’s a practical buffer, especially useful for rare or custom-made pieces that are difficult to replicate.
Specialist insurers aren’t just ticking boxes, they understand the craftsmanship, materials, and emotional value involved. That insight matters, particularly at claim time. With Q Report, you’re dealing with people who speak the same language as your jeweller, which can lead to faster and more accurate outcomes.
Top Tip: You may want to check whether the policy covers mysterious disappearance. It’s one of the most common reasons people need to claim, and surprisingly, not all policies include it.
If you own jewellery that’s valuable whether financially or in terms of craftsmanship then having dedicated insurance could make practical sense.
Specialist jewellery insurance, like Q Report, is designed with specific features that reflect how jewellery is used and maintained. That includes annual revaluation, worldwide cover (with some exclusions), and the option to work with your original jeweller for repairs or replacement.
In short: Jewellery insurance is about ensuring you have the option to recover from loss or damage with accuracy, flexibility, and the right support.
To get an accurate insurance quote, please provide the amount from your purchase receipt.
Don't have the receipt?
If you don't have the receipt, you can provide the most recent valuation amount instead.
