Should You Buy a Moissanite Engagement Ring?
Gone are the days when engagement rings were a one-size-fits-all affair! Today's couples are increas...
Jewellery insurance info, helpful guides, resources and industry-leading insights.
Gone are the days when engagement rings were a one-size-fits-all affair! Today's couples are increas...
Welcome to our guide on navigating everyday jewellery dilemmas with the hel...
Concerned about the rise in watch and jewellery theft in 2024? A surge in t...
Jewellery can be more than a style choice. Our most precious pieces are a r...
Luxury watches are all about style and prestige. But below the surface lies...
For over a century and a half, Longines watches have captivated collectors ...
Is your luxury watch not working quite the way it should? No need to panic.
You've built a collection of luxury jewellery that reflects your unique sty...
Black gemstone jewellery has an enigmatic allure that captivates the senses...
Are you wondering "how do I style pearls?" Step into the world of timeless ...
Keep up to date with the latest jewellery trends, insights and inspiration from Q Report.
Gone are the days when engagement rings were a one-size-fits-all affair! To...
Planning a gift for an engaged couple can feel like a high-stakes treasure ...
Picture this: the soft morning light filtering through the lace curtains as...
Do you know diamonds come in a wide range of colours?
When most people think of diamonds, they think of natural diamonds.
A natural diamond is as rich in history as it is in beauty. From the moment...
According to a 2019 survey of 20,000 newly-engaged couples, 21 percent of p...
Most people don’t consider buying diamonds until it’s time to purchase an e...
Your heart’s all a-flutter and it’s hard to sit still. So you’ve decided to...
.svg){kind=small}
.svg){kind=small}
.svg){kind=small}
.svg){kind=small}
Although this level of protection covers a wide range of your possessions, some valuables like your jewellery might be a very different story. In fact, even if your policy does cover your hugely sentimental wedding ring, it will most likely fall very short of covering the face value of the actual pieces.
Why won’t my home insurance cover my jewellery?
Many of these policies operate in such a way that they will cover your possessions for up to half of your total coverage. That means your $100,000 policy will usually only cover $50,000 worth of furniture and other home possessions. When it comes to some of the more valuable items in your home, such as jewellery, most insurers impose strict limits on what can and cannot be claimed.
These limits can come in the form of a monetary cap on what you can recover when you claim for lost jewellery—be it $100, $500 or $1000. This will almost always leave you with a rather large amount to pay on your own, which is the last thing you need to deal with after losing your possessions. Accidental loss is usually not even covered, so don’t even bother trying to claim a lost wedding ring or favourite watch. Even worse, if you do decide to claim, then you can expect your premiums to skyrocket next year; even though you’re still out of pocket.
What should I do to instead?
It’s pretty clear that relying on home insurance to protect your jewellery is really not a safe option. One of the best ways to protect your jewellery is to get separate coverage in the form of specialised jewellery insurance. By focusing these policies primarily on jewellery, insurers such as Q Report fix all of the problems associated with using home insurance.
Also, unlike home insurance, Q Report will annually revalue your jewellery free of charge. This helps guarantee that your coverage will be sufficient to fully protect you. If you do have to claim on your jewellery insurance, you’ll be given the peace of mind in knowing that your premium will not change the following year. Better yet, Q Report in particular offers up to 150 per cent coverage.
.png?width=640&name=QReport_Web-v2%20(1).png)
Get an instant quote below. Questions, call us anytime on 1300 882 018
The headline and subheader tells us what you're offering, and the form header closes the deal. Over here you can explain why your offer is so great it's worth filling out a form for.
Remember:
Get an instant quote now.
Gone are the days when engagement rings were a one-size-fits-all affair! To...
Luxury watches are all about style and prestige. But below the surface lies...
You've built a collection of luxury jewellery that reflects your unique sty...
.svg){kind=small}
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.
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.
.svg "close (3)"){kind=small}
.svg)
