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Types of 

Ring Loss

The Most Common
Ways Rings Are Lost.

 

Types of Ring Loss - 1

Outdoor Activities

55% OF CLAIMS
Aussies love the great outdoors, so it’s no surprise that outdoor activities accounted for 55% of all ring loss claims. Days on the water were most treacherous, whether it was swimming, boating or beaching. Somewhere there’s an octopus with an impressive collection of rings! 

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Damaged Beyond Repair

22% OF CLAIMS
Wear and tear can be hard to avoid, but 
there are some kinds of damage that 
can’t be repaired. From dropped dumbells to ferocious fires, 22% of loss claims were due to rings being damaged beyond repair.

Did You Know?

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Mysterious Disappearances

13% OF CLAIMS
Abracadabra alakazam, now this ring will disappear from your hand! 13% of loss claims came from customers who had their precious items misplaced. Thankfully, Q Report jewellery insurance includes cover for mysterious disappearances.

Travel & Transit

5.5% OF CLAIMS
Losses relating to travel are usually far higher on the list, but with most of us grounded due to COVID-19, they came in at just 5% of claims. Whether it’s on trains, buses, taxis or planes, it’s important to keep an eye on your jewellery while travelling.

Did You Know?

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Robbery

4.5% OF CLAIMS
Unfortunately, the sparkle of your new engagement ring may also catch the eye of cunning thieves. Just over 4% of loss claims were related to robbery. Thankfully, Q Report had these unlucky customers covered!

Did You Know?

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Jewellery Insurance Made Easy

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Types of Ring Loss - 7

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