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

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

 

Jewellery Insurance

Key Questions to Ask When Choosing Jewellery Insurance

When selecting jewellery insurance, asking the right questions can help you...

How To Solve Everyday Dilemmas With Jewellery Insurance

Welcome to our guide on navigating everyday jewellery dilemmas with the hel...

Is Watch & Jewellery Theft on the Rise in 2024?

Concerned about the rise in watch and jewellery theft in 2024? A surge in t...

Insurance Information

Luxury Watches

The Surprising Hidden Features of Luxury Watches

Luxury watches are all about style and prestige. But below the surface lies...

The Essential Guide To Longines Watches

For over a century and a half, Longines watches have captivated collectors ...

Professional vs. DIY Watch Repairs: When to Seek Expert Help

Is your luxury watch not working quite the way it should? No need to panic.

Jewellery Trends

The Ultimate Guide To Using an Ultrasonic Jewellery Cleaner

You've built a collection of luxury jewellery that reflects your unique sty...

The Enduring Appeal of Black Gemstone Jewellery

Black gemstone jewellery has an enigmatic allure that captivates the senses...

How To Create Stunning Looks With Pearls

Are you wondering "how do I style pearls?" Step into the world of timeless ...

Subscribe

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

Engagement Rings

Should You Buy a Moissanite Engagement Ring?

Gone are the days when engagement rings were a one-size-fits-all affair! To...

20 of the Best Engagement Present Ideas

Planning a gift for an engaged couple can feel like a high-stakes treasure ...

How to Find the Perfect Australian Wedding Photographer

Picture this: the soft morning light filtering through the lace curtains as...

Diamonds

Live Your Life in Colour: Canary Diamond Engagement Rings

Do you know diamonds come in a wide range of colours?

Lab Grown vs Natural Diamonds (What's the Difference?)

When most people think of diamonds, they think of natural diamonds.

The Surprising Science Behind Diamond Cutting

A natural diamond is as rich in history as it is in beauty. From the moment...

General

Proposing at Home: Do’s and Don’ts

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

Are Diamonds a Good Investment?

Most people don’t consider buying diamonds until it’s time to purchase an e...

Brisbane’s Top 10 Proposal Locations

Your heart’s all a-flutter and it’s hard to sit still. So you’ve decided to...

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

Travel Insurance Traps: Covering Your Jewellery

Q Report Team
Updated on November 06, 2023
3 min read

If you’re travelling overseas and taking your precious jewellery with you, you’ll want to be confident that it's protected if the unexpected happens. Many holidaymakers assume that travel insurance covers their valuable items, but often don’t realise that special conditions apply to jewellery.

 

So how well does travel insurance really protect your jewellery overseas?

 

In this article, we look into areas where travel insurance can fall short, some common mistakes to avoid and how specialised jewellery insurance can give you the confidence you’re looking for.

 

 

Travel Insurance for Jewellery

 

Most travel insurance providers offer automatic cover for valuable items like electronics. However, items with a value over a certain amount (like jewellery) must be specified when buying your policy. This cover for ‘high-value items’ usually comes at a higher premium.

 

If you don’t have specialised jewellery insurance and want to add jewellery cover under your travel insurance, pay attention to the coverage limits for personal belongings. For example, Southern Cross Travel Insurance provides cover up to $10,000 per specified item and $15,000 total cover per journey, which is about as high as you’ll find.

 

Unfortunately, this means that if your engagement ring is valued over $10,000, you won’t be covered for its full value. Worse yet, you won’t have the final say in where it’s repaired or replaced if it’s damaged or lost. We’ll explain this point in more detail later on.

 

Now let’s look at a few common instances where travel insurance often falls short in providing comprehensive cover for jewellery.

 

 

Where Travel Insurance Falls Short

 

Travel insurance is a must-have for protecting ourselves in the case of injury and illness overseas, but valuable belongings are often subject to some strict conditions of cover. For example, your jewellery may not be covered if:

 

  • It was stolen from your hotel room and you neglected to use the hotel safe provided
  • It was lost or stolen in a taxi and you weren’t holding it on your person
  • It was stolen from your beach towel while you were swimming

 

These are just a few examples of scenarios where it might be deemed that you left your jewellery “unattended”, thus voiding cover for your valuable items. There are several other ways that unlucky travellers have been caught out by complicated cover restrictions, which include being deemed under the influence of alcohol, or not covered because they weren’t using a licensed tour provider or rental agency.

 

 

Claiming for Jewellery With Travel Insurance

 

A clunky and confusing claims process is another common frustration that jewellery owners experience with some travel insurers. They’re required to provide police reports, undergo extensive interviews, and gather several quotes from jewellers for replacement or repair.

 

After this process, they often find that significant depreciation has been applied to their precious item and that the insurer has the final say on where they must go to have their jewellery replaced.

 

 

Benefits of Specialised Jewellery Insurance While Travelling

 

Whether you’re enjoying your jewellery at home or travelling with it overseas, specialised jewellery insurance like Q Report is the smartest way to protect the things you love. When you protect yourself with a Q Report policy, you enjoy benefits like:

 

  • 12 months worldwide cover
  • Agreed value policy, so the full sum insured will be paid out in the event of a total loss
  • Cover up to 125%, so you can receive like-for-like replacement even if it costs more than you originally bought it for
  • A low, fixed excess of $100 if you need to make a claim
  • The choice to return to your original jeweller for replacement or repair.

 

To see how little it can cost to protect your jewellery while you travel with Q Report, get an instant online quote today.

 

Worldwide Coverage

Jewellery Insurance Instant Quote

Get an instant quote below. Questions, call us anytime on 1300 882 018

Global-Calculator-Background_resized

Jewellery Insurance Instant Quote

PLEASE CONFIRM YOUR DETAILS AND SELECT THE BEST TIME FOR US TO CALL YOU

BACK TO YOUR QUOTE

SEE WHAT OUR CUSTOMERS SAY ABOUT US

Related Articles

Key Questions to Ask When Choosing Jewel...

When selecting jewellery insurance, asking the right questions can help you...

Should You Buy a Moissanite Engagement R...

Gone are the days when engagement rings were a one-size-fits-all affair! To...

The Surprising Hidden Features of Luxury...

Luxury watches are all about style and prestige. But below the surface lies...

Read what's next

Vector (25)

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