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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

Accidental Damage: Are You Covered by Jewellery Insurance?

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Does Jewellery Insurance Cover Natural Disasters?

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Insurance Information

Side-by-Side Insurance Policy Comparison

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How Much Does Engagement Ring Insurance Cost?

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12 Reasons You Should Insure Your Jewellery

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Luxury Watches

Luxury Watches - The Three Must-Haves for Any Collection

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What Does Watch Insurance Cover?

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Does Home & Contents Insurance Cover Luxury Watches?

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Jewellery Trends

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

Engagement Rings

Engagement Ring Insurance: The Do’s and Dont’s

Yellow gold or white gold? Pear-shaped or oval? Wedding band or no?

Protecting Your Engagement Ring in Summer

Ah, summer - that carefree time of year when sandals rein and the sun keeps...

How to Avoid Damage to Your Finger and Engagement Ring if You Can’t Get it Off

It’s a panicky situation. Maybe it’s hot outside, and your finger is swolle...


Diamond Certificates Explained

Shopping for a diamond can be intimidating, especially if you haven’t done ...

Retail vs Resale: The Value of a Diamond

“It’s an investment.” You might hear this phrase as you shop around for jew...

Not Your Style? A Guide to Resetting Your Family Heirloom Diamond Ring

You’ve inherited a piece of jewellery from a beloved family member. Congrat...


Antiques Roadshow. Are You Sitting on a Gold Mine?

Have you seen the one where the long-haired man hears what his watch is wor...

How to Propose & The Best Places to Do it in Australia

Just one thing stands between you and marital bliss. You have to propose ma...

Durable Wedding Bands for the Handyman

Men’s wedding bands can take a beating. Whether you’re fixing a roof or pla...

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

Is it possible to insure an engagement ring without home and contents insurance?

Yes. In fact, home and contents insurance often doesn’t offer much protection when it comes to engagement rings. In this article, we’ll look at the pitfalls of home and contents insurance when it comes to jewellery, and we’ll also explain how to get the coverage you need.


Home and Contents Insurance is Designed for Homes, Furniture and Appliances

Designed to protect you from losses like house fires and burglaries, home and contents insurance is perfect for covering your house and its contents. For roofs, appliances, furniture, and flooring, you won’t find better protection.

The problem with using home and contents insurance for protecting an engagement ring is that your stunning sparkler goes with you wherever you go. It doesn’t stay put like a refrigerator. It goes on holiday.

Most home and contents policies only cover items when they’re physically inside your home. And while this provision does protect your ring some of the time, you need cover that works everywhere you go.


Home and Contents Insurance Has Limitations

Your ring needs protection everywhere you take it, so home and contents insurance already has a drawback. But did you know that your home insurance may not completely replace your ring even if it’s damaged, lost, or stolen at home?

Most home and contents policies have per-item limits on high-value belongings like jewellery, watches, and electronics. If a burglar steals your engagement ring, your insurance might replace it, but they’ll shop around for the least expensive option. In other cases, you may just receive a fraction of the ring’s value.

Therefore, home and contents insurance offers a measure of protection, but it can’t guarantee a full replacement.


Home and Contents Insurance Requires Valuations

With a contents policy, you’re on the hook for providing an up-to-date valuation of special items like engagement rings. We all have long to-do lists. Will you really take the time to obtain a new valuation for your engagement ring each year? Do you want to spend money on a valuation?

Without a valuation, you may have a difficult time proving your ring’s value for a claim. 

To review, protecting your engagement ring with home and contents insurance has several drawbacks:

  • It’s designed for homes, furniture and appliances.
  • It has per-item limitations.
  • It requires valuations.

Clearly, home and contents insurance isn’t ideal for protecting your engagement ring. But what’s the alternative?


Engagement Ring Insurance


Specialised Jewellery Insurance to the Rescue!

When you read through a home and contents policy, it’s pretty clear that jewellery (if it’s covered at all) is an afterthought. 

Your beautiful rock is anything but an afterthought to you, however, and that’s why it needs superior protection. Specialised jewellery insurance is designed to do one thing and to do that one thing very well. It safeguards your sparkler from damage, loss and theft. Here’s how.


Worldwide Cover

Your engagement ring is a constant reminder of your love and commitment, so you want to be able to take it with you - everywhere you go. That’s why our JewelCover policy provides worldwide cover. You can travel to the ends of the earth, and we’ll still provide quality coverage.


Agreed Value Policy

If something happens to your ring, we won’t shop around for the cheapest possible replacement. Your ring is covered for an agreed value, no matter what.


Return to Your Jeweller

When tragedy strikes your engagement ring, it only makes sense to return to your original jeweller. With specialised jewellery insurance, you can choose any jeweller you want to take care of repairs or replacement.


Complimentary Revaluations

Leave your ring’s annual revaluation to us - no charge. Once a year, our jewellery experts will check the market prices for your engagement ring to make sure you have enough coverage. Since precious metal and gemstone prices fluctuate, it’s essential to know if you always have enough cover to handle a mishap.

A well-loved engagement ring needs specialised jewellery insurance. With worldwide cover and an agreed value policy, you’ll have the peace of mind necessary to wear it everywhere you want.

Get a free, instant quote to find out how affordable it can be to protect your precious sparkler. And if you have any questions, ring us at 1300 522 808. Talk to you soon!


Bespoke Jewellery Insurance

Jewellery Insurance Instant Quote


Jewellery Insurance Instant Quote




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

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.

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