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Switching From Home and Contents to Jewellery Insurance

Q Report Team

Updated on March 21, 2025
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When insuring your jewellery, home and contents or homeowners insurance may first come to mind.

Also known as personal property insurance, home and contents insurance provides coverage for all your valuable possessions. This includes expensive gadgets, electronics, wristwatches, and other kinds of jewellery. As good as this sounds, home and contents insurance doesn’t guarantee the insurance of every item in your house. 

Expensive items like jewellery and luxury watches require specialised insurance. Home and contents insurance has many restrictions that won't provide the best backup.

In this article, you'll learn the benefits of jewellery insurance and how to switch from home and contents to jewellery insurance. 

What is Home and Contents Insurance?

Home and contents insurance helps to insure personal belongings in your house.

Contents insurance typically covers you for damaged or stolen personal belongings, as long as the event occurs in your house. While home and contents insurance may pay the bills if the occurrence happens outside the house, this isn't always the case. And in such cases, only a tiny percent is set aside to cover the loss—which is hardly enough.

For example, if someone breaks into your house and steals your jewellery, home and contents insurance may cover the loss. However, this insurance limits you to wear your jewellery only at home. 

Home and contents may not cover the claim if your jewellery is stolen, damaged or lost while you're outside your home - you would need to read the fine print. 

Jewellery Insurance—The Right Insurance for Your Jewellery

Buying expensive jewellery comes with responsibility—to protect that jewellery against unforeseen circumstances. The best way to do this is by getting specialised jewellery insurance. 

Most home and contents policies only offer the previous worth of your jewellery. For example, if you bought a piece of jewellery for $5,000 and had it insured under home and contents, if you lose the jewellery later when it's worth $20,000, assuming you didn’t regularly get your jewellery revalued and your policy updated, you'd only be paid $5,000.  

Jewellery insurance covers valuable items like necklaces, bracelets, earrings, rings, watches and other forms of jewellery. If you need to claim, jewellery insurance will adequately repair or replace the jewellery.

How to Switch From Home and Contents to Jewellery Insurance

Now, how do you make the switch?

  1. The first step is researching your jewellery insurance company of choice. Understand the policies and benefits that come with using any provider. Keep yourself informed.
  2. The next step is knowing the value of your jewellery. Ensure you have your jewellery's original receipts or valuation documents at the time of purchase. 
  3. Provide the jewellery insurance company with these receipts/documents to prove ownership and to get a quote. However, if you no longer know the value of your jewellery, you can get an appraisal from a professional jeweller.

Q Report can assist in determining the correct insured value of your jewellery and then provide a complimentary annual revaluation of your jewellery. This keeps your policy updated and updates you on your jewellery's worth.

Frequently Asked Questions

Can My Jewellery Be Underinsured?

Absolutely. If your jewellery isn't correctly valued, you may insure for the wrong amount. And in most cases, it's usually an amount less than your jewellery's estimated worth. 

Underinsurance means you'll get an insufficient amount whenever you claim damaged, lost or stolen jewellery. The best way to prevent this is to get an accurate valuation for your jewellery.

Do I Need to Insure All My Jewellery?

Short answer, yes and no. 

Yes, if you have expensive jewellery ($1,000 and above), you should get specialised jewellery insurance. However, if your jewellery is less than $1,000 and is always indoors, home and contents insurance may provide coverage for its loss or damage.  

Am I Covered If I Lose My Jewellery Abroad?

Yes. Specialised jewellery insurance like Q Report provides worldwide coverage. It doesn't matter if you're on vacation, at work or at an event. Your jewellery is covered. Only home and contents insurance may limit coverage to the confines of your home.\

Make the Switch With Q Report

Many people assume that their home and contents insurance covers their high-end jewellery. When disaster strikes and you need to claim your stolen or damaged jewellery, home and contents insurance may not suffice. 

Q Report offers jewellery insurance that gives you peace of mind. No matter what happens, your jewellery is always covered.

Q Report provides:

  • Additional 50% Cover
  • No Impact Claims
  • Agreed Value Policy
  • In-House Consultant
  • Loss Coverage
  • Theft Coverage
  • Damage Coverage
  • Mysterious disappearance Coverage 
  • Natural disaster Coverage
  • Worldwide Coverage

Let's give your jewellery the premium coverage it deserves. Contact us to get started.

 

Purchase Amount

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.

OK
Related Posts
Featured Posts
avatar_light
Jewellery Insurance

Instant Quote
play-audio
Listen to article
/

 

When insuring your jewellery, home and contents or homeowners insurance may first come to mind.

Also known as personal property insurance, home and contents insurance provides coverage for all your valuable possessions. This includes expensive gadgets, electronics, wristwatches, and other kinds of jewellery. As good as this sounds, home and contents insurance doesn’t guarantee the insurance of every item in your house. 

Expensive items like jewellery and luxury watches require specialised insurance. Home and contents insurance has many restrictions that won't provide the best backup.

In this article, you'll learn the benefits of jewellery insurance and how to switch from home and contents to jewellery insurance. 

What is Home and Contents Insurance?

Home and contents insurance helps to insure personal belongings in your house.

Contents insurance typically covers you for damaged or stolen personal belongings, as long as the event occurs in your house. While home and contents insurance may pay the bills if the occurrence happens outside the house, this isn't always the case. And in such cases, only a tiny percent is set aside to cover the loss—which is hardly enough.

For example, if someone breaks into your house and steals your jewellery, home and contents insurance may cover the loss. However, this insurance limits you to wear your jewellery only at home. 

Home and contents may not cover the claim if your jewellery is stolen, damaged or lost while you're outside your home - you would need to read the fine print. 

Jewellery Insurance—The Right Insurance for Your Jewellery

Buying expensive jewellery comes with responsibility—to protect that jewellery against unforeseen circumstances. The best way to do this is by getting specialised jewellery insurance. 

Most home and contents policies only offer the previous worth of your jewellery. For example, if you bought a piece of jewellery for $5,000 and had it insured under home and contents, if you lose the jewellery later when it's worth $20,000, assuming you didn’t regularly get your jewellery revalued and your policy updated, you'd only be paid $5,000.  

Jewellery insurance covers valuable items like necklaces, bracelets, earrings, rings, watches and other forms of jewellery. If you need to claim, jewellery insurance will adequately repair or replace the jewellery.

How to Switch From Home and Contents to Jewellery Insurance

Now, how do you make the switch?

  1. The first step is researching your jewellery insurance company of choice. Understand the policies and benefits that come with using any provider. Keep yourself informed.
  2. The next step is knowing the value of your jewellery. Ensure you have your jewellery's original receipts or valuation documents at the time of purchase. 
  3. Provide the jewellery insurance company with these receipts/documents to prove ownership and to get a quote. However, if you no longer know the value of your jewellery, you can get an appraisal from a professional jeweller.

Q Report can assist in determining the correct insured value of your jewellery and then provide a complimentary annual revaluation of your jewellery. This keeps your policy updated and updates you on your jewellery's worth.

Frequently Asked Questions

Can My Jewellery Be Underinsured?

Absolutely. If your jewellery isn't correctly valued, you may insure for the wrong amount. And in most cases, it's usually an amount less than your jewellery's estimated worth. 

Underinsurance means you'll get an insufficient amount whenever you claim damaged, lost or stolen jewellery. The best way to prevent this is to get an accurate valuation for your jewellery.

Do I Need to Insure All My Jewellery?

Short answer, yes and no. 

Yes, if you have expensive jewellery ($1,000 and above), you should get specialised jewellery insurance. However, if your jewellery is less than $1,000 and is always indoors, home and contents insurance may provide coverage for its loss or damage.  

Am I Covered If I Lose My Jewellery Abroad?

Yes. Specialised jewellery insurance like Q Report provides worldwide coverage. It doesn't matter if you're on vacation, at work or at an event. Your jewellery is covered. Only home and contents insurance may limit coverage to the confines of your home.\

Make the Switch With Q Report

Many people assume that their home and contents insurance covers their high-end jewellery. When disaster strikes and you need to claim your stolen or damaged jewellery, home and contents insurance may not suffice. 

Q Report offers jewellery insurance that gives you peace of mind. No matter what happens, your jewellery is always covered.

Q Report provides:

  • Additional 50% Cover
  • No Impact Claims
  • Agreed Value Policy
  • In-House Consultant
  • Loss Coverage
  • Theft Coverage
  • Damage Coverage
  • Mysterious disappearance Coverage 
  • Natural disaster Coverage
  • Worldwide Coverage

Let's give your jewellery the premium coverage it deserves. Contact us to get started.

 

Table of Contents

Introduction
Understanding the 4 Cs of Diamonds
Diamond Shapes
Choosing a Ring Style
Selecting a Ring Retailer

Understanding Mechanical Movements

Rolex-super-precision

Unlike their battery-powered quartz counterparts, luxury watches have a beating heart – the mechanical movement. First created in the 14th century, large, weight-driven tower clocks with verge escapements and foliot balances marked the dawn of mechanical timekeeping.

Today, the core concept of mechanical movements remains unchanged from its original conception. It involves an intricate arrangement of gears, springs, and an escapement powered by a wound mainspring. This precision engineering allows for smooth operation and precise timekeeping.

Manual watch movements require the wearer to wind the crown periodically. Automatic watch movements, on the other hand, utilise the wearer's movements to keep the mainspring wound, offering a convenient everyday solution.

The Patek Philippe Calatrava, with its ultra-thin manual movement, exemplifies the elegance of traditional watchmaking. On the other hand, the Rolex Oyster Perpetual, with its self-winding mechanism epitomises practicality and durability.

Whether manual or automatic, a mechanical movement imbues a luxury watch with a soul, a testament to human ingenuity and a treasured heirloom for generations to come

Luxury Watch Complications: Exploring Hidden Features & Functionality

Luxury watches often boast 'complications,' intricate mechanisms that add layers of sophistication, style and utility. Here, we explore some of the most fascinating complications created by the best luxury watch brands.

Statistic Heading

Rolex-super-precision

Unlike their battery-powered quartz counterparts, luxury watches have a beating heart – the mechanical movement. First created in the 14th century, large, weight-driven tower clocks with verge escapements and foliot balances marked the dawn of mechanical timekeeping.

Today, the core concept of mechanical movements remains unchanged from its original conception. It involves an intricate arrangement of gears, springs, and an escapement powered by a wound mainspring. This precision engineering allows for smooth operation and precise timekeeping.

Manual watch movements require the wearer to wind the crown periodically. Automatic watch movements, on the other hand, utilise the wearer's movements to keep the mainspring wound, offering a convenient everyday solution.

The Patek Philippe Calatrava, with its ultra-thin manual movement, exemplifies the elegance of traditional watchmaking. On the other hand, the Rolex Oyster Perpetual, with its self-winding mechanism epitomises practicality and durability.

Whether manual or automatic, a mechanical movement imbues a luxury watch with a soul, a testament to human ingenuity and a treasured heirloom for generations to come

Peace of Mind: An engagement ring is a significant financial and sentimental investment. Specialised engagement ring insurance provides financial protection in the event of loss, theft or damage by ensuring you can recover the ring's monetary value or repair or replace.

Peace of Mind: An engagement ring is a significant financial and sentimental investment. Specialised engagement ring insurance provides financial protection in the event of loss, theft or damage by ensuring you can recover the ring's monetary value or repair or replace.

Peace of Mind: An engagement ring is a significant financial and sentimental investment. Specialised engagement ring insurance provides financial protection in the event of loss, theft or damage by ensuring you can recover the ring's monetary value or repair or replace.

Peace of Mind: An engagement ring is a significant financial and sentimental investment. Specialised engagement ring insurance provides financial protection in the event of loss, theft or damage by ensuring you can recover the ring's monetary value or repair or replace.

Common Diamond Alternatives
for Engagement Rings

Tanzanite

Contents insurance is essential for anyone who owns valuable items, as it helps protect you should a potential loss occur in your.

Aquamarine

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Sapphire

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Luxury Watch Complications: Exploring Hidden Features & Functionality

Luxury watches often boast 'complications,' intricate mechanisms that add layers of sophistication, style and utility. Here, we explore some of the most fascinating complications created by the best luxury watch brands.

Peace of Mind: An engagement ring is a significant financial and sentimental investment. Specialised engagement ring insurance provides financial protection in the event of loss, theft or damage by ensuring you can recover the ring's monetary value or repair or replace.

Peace of Mind: An engagement ring is a significant financial and sentimental investment. Specialised engagement ring insurance provides financial protection in the event of loss, theft or damage by ensuring you can recover the ring's monetary value or repair or replace.

Peace of Mind: An engagement ring is a significant financial and sentimental investment. Specialised engagement ring insurance provides financial protection in the event of loss, theft or damage by ensuring you can recover the ring's monetary value or repair or replace.

Peace of Mind: An engagement ring is a significant financial and sentimental investment. Specialised engagement ring insurance provides financial protection in the event of loss, theft or damage by ensuring you can recover the ring's monetary value or repair or replace.

“Knowing your engagement ring is insured brings peace of mind. Accidents can happen, and insurance coverage alleviates the worry and stress of potential loss or damage.”

Unlike their battery-powered quartz counterparts, luxury watches have a beating heart – the mechanical movement. First created in the 14th century, large, weight-driven tower clocks with verge escapements and foliot balances marked the dawn of mechanical timekeeping.

Today, the core concept of mechanical movements remains unchanged from its original conception. It involves an intricate arrangement of gears, springs, and an escapement powered by a wound mainspring. This precision engineering allows for smooth operation and precise timekeeping.

Manual watch movements require the wearer to wind the crown periodically. Automatic watch movements, on the other hand, utilise the wearer's movements to keep the mainspring wound, offering a convenient everyday solution.

The Patek Philippe Calatrava, with its ultra-thin manual movement, exemplifies the elegance of traditional watchmaking. On the other hand, the Rolex Oyster Perpetual, with its self-winding mechanism epitomises practicality and durability.

Whether manual or automatic, a mechanical movement imbues a luxury watch with a soul, a testament to human ingenuity and a treasured heirloom for generations to come

Export
Expert Tip

Budget Considerations

Diamond shapes can vary in price due to popularity and demand. Round brilliants, for example, tend to be more expensive than other shapes due to their high demand. If budget is a concern, consider alternative shapes or prioritise other aspects, such as cut quality, over the shape itself.

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Amet minim mollit non deserunt ullamco est sit aliqua dolor do amet sint. Velit officia consequat duis enim velit mollit. Exercitation veniam consequat sunt nostrud amet.

Amet minim mollit non deserunt ullamco est sit aliqua dolor do amet sint. Velit officia consequat duis enim velit mollit. Exercitation veniam consequat sunt nostrud amet.

Jewellery Insurance FAQ

Contents insurance covers the items within your home in case they are damaged, lost or stolen. This can include furniture, electronics, clothing and other personal.  Contents insurance is essential for anyone who owns valuable items, as it helps protect you should a potential loss occur in your.

Contents insurance covers the items within your home in case they are damaged, lost or stolen. This can include furniture, electronics, clothing and other personal.  Contents insurance is essential for anyone who owns valuable items, as it helps protect you should a potential loss occur in your.
Home Security Fortification

An engagement ring is a significant financial and sentimental investment. Specialised engagement ring insurance provides financial protection in the event of loss, theft or damage by ensuring you can recover the ring's monetary value or repair or replace.

An engagement ring is a significant financial and sentimental investment. Specialised.

Travel Savvy

An engagement ring is a significant financial and sentimental investment. Specialised engagement ring insurance provides financial protection in the event of loss, theft or damage by ensuring you can recover the ring's monetary value or repair or replace.

An engagement ring is a significant financial and sentimental investment. Specialised.

Social Media Caution

An engagement ring is a significant financial and sentimental investment. Specialised engagement ring insurance provides financial protection in the event of loss, theft or damage by ensuring you can recover the ring's monetary value or repair or replace.

An engagement ring is a significant financial and sentimental investment. Specialised.

Regular Valuations

An engagement ring is a significant financial and sentimental investment. Specialised engagement ring insurance provides financial protection in the event of loss, theft or damage by ensuring you can recover the ring's monetary value or repair or replace.

An engagement ring is a significant financial and sentimental investment. Specialised.

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Contents insurance is essential for anyone who owns valuable items, as it helps protect you should a potential loss occur in your.

Luxury Watch Complications: Exploring Hidden Features & Functionality

Luxury watches often boast 'complications,' intricate mechanisms that add layers of sophistication, style and utility. Here, we explore some of the most fascinating complications created by the best luxury watch brands.

Home Security Fortification

Contents insurance covers the items within your home in case they are damaged, lost or stolen. This can include furniture, electronics, clothing and other personal.  Contents insurance is essential for anyone who owns valuable items, as it helps protect you should a potential loss occur in your.

Purchase Amount

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.

OK

This article is advisory in nature and is offered as a resource to be used together with your professional insurance advice. It is an overview only and is not intended as a substitute for consultation with your insurance advisor or other professional advice.

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