Jewellery Insurance

Jewellery Insurance:
Protecting What Matters Most

At Stelios Jewellers, we understand that each jewellery piece holds more than monetary value. Whether it is an engagement ring, luxury watch, family heirloom, or designer necklace passed from one generation to the next, the emotional investment is often irreplaceable. That is why we recommend protecting your precious jewellery items with specialised jewellery insurance.

Jewellery insurance provides cover beyond traditional contents insurance, ensuring your most valuable items are protected under all circumstances. In partnership with Q Report, one of Australia’s leading jewellery insurance providers, we offer a comprehensive solution to help you insure your jewellery with confidence.

Why Jewellery Insurance Is Essential

Relying solely on general contents insurance or home insurance may not offer adequate protection for your jewellery. Many contents insurance policies apply policy limits or exclusions that do not account for the full value, sentimental worth, or global portability of fine jewellery.

Specialised jewellery insurance provides cover for accidental damage, theft, loss, and other insured events, both at home and while travelling. Unlike standard home and contents insurance, a jewellery insurance policy can include:

1 Agreed value cover for the full value of your jewellery

2 Cover for accidental loss or damage worldwide

3 Access to your preferred jeweller for repairs and replacements

4 Streamlined claims process with jewellery experts

Who Should Insure Their Jewellery?

If you own an engagement ring, a luxury watch, a diamond bracelet, or a bespoke necklace, jewellery insurance is a wise investment. Valuable items such as fine arts, designer jewellery and watches, or antique pieces are also suitable for specialised coverage.

It is especially important to insure your jewellery if:

1 You travel frequently

2 You wear your jewellery daily

3 You store items outside your insured address

4 Your jewellery is valued above your contents policy limit

5 Your financial situation would be significantly impacted by its loss

Introducing Q Report Jewellery Insurance

Stelios Jewellers is proud to be a preferred jeweller for Q Report, an award-winning Australian jewellery insurance provider. With Q Report, your jewellery is protected through a specialised insurance policy tailored for fine jewellery and luxury items.

Key Features of Q Report Cover:

Q Report policies include a detailed Product Disclosure Statement and Target Market Determinations to ensure you receive tailored insurance cover for your personal circumstances.

What Jewellery Insurance Covers

Jewellery insurance covers a wide range of risks, providing peace of mind when wearing or storing your pieces. Cover includes:

1 Accidental loss or damage

2 Stolen jewellery

3 Jewellery claims during travel

4 Insured events outside your home

5 Portable contents cover for a limited period when overseas

Specialised jewellery cover means your policy does not rely on the limitations of general home insurance or pet insurance policies. Instead, it is crafted for high-value items and personal effects.

Home and Contents Insurance for Jewellery

Home and contents insurance can provide limited cover for jewellery. Most policies apply claim limits per item unless you specify the item for additional premium. It is advisable to keep your jewellery valuations updated regularly to ensure your sum insured remains accurate. Stand-alone jewellery policies provide a higher level of coverage and flexibility.

Valuing and Insuring Your Jewellery

To insure your jewellery accurately, a professional valuation is required. Stelios Jewellers provides valuation certificates that establish the sum insured for your jewellery piece. This certificate is essential for setting the correct insured value and will be required in the event of a claim.

If your jewellery’s value exceeds the policy’s limit, it can usually be covered for a higher amount by paying an additional premium. Most standard contents insurance policies specify per item and total sub-limits. Regular updates to your jewellery valuations are recommended to reflect market changes.

Understanding the Claims Process

Making a claim on your jewellery insurance policy should be a straightforward process. With Q Report, you can make a claim directly with their Australian-based team, who offer expert support throughout the claims process.

Typical steps to make a claim:

Exclusions and Limitations to Be Aware of

All insurance policies include exclusions. For Q Report, the Product Disclosure Statement outlines primary exclusions, which may include:

1 Nuclear and chemical hazards

2 Acts of war or terrorism

3 Intentional damage or neglect

4 Gradual deterioration, rust or corrosion

5 Theft not reported to police

6 Jewellery worn outside the home without specific cover

7 Policy limits per item unless specified

Specialised jewellery cover means your policy does not rely on the limitations of general home insurance or pet insurance policies. Instead, it is crafted for high-value items and personal effects.

Jewellery Insurance for Engagement Rings

Engagement rings are among the most cherished and valuable jewellery items owned. Insuring your engagement ring ensures peace of mind from the moment it is purchased. Should it be lost, damaged, or stolen, you can repair or replace it without bearing the full financial burden.

We recommend insuring your ring at the time of purchase. We will provide a valuation certificate and guide you through the Q Report insurance cover options that suit your financial situation and emotional investment.

Jewellery Insurance for Travel and Everyday Wear

Whether you are travelling abroad or simply wearing your jewellery day-to-day, jewellery insurance ensures that your pieces are protected from unexpected events. Unlike many contents insurance policies, Q Report provides worldwide cover, allowing you to travel confidently with your jewellery.

Should your jewellery become damaged while on holiday or stolen while at a hotel, your policy will provide cover for repair or replacement, and you will have the ability to return to us as your preferred jeweller.

The Importance of
Emotional Value 

Jewellery represents life milestones, family memories, and personal achievements. Insuring your jewellery is not just about financial reimbursement but about safeguarding symbols of love, celebration, and legacy.

Protecting jewellery from accidental loss or damage ensures that these sentimental items continue to bring joy and meaning for years to come.

How to Get Started 

To insure your jewellery with Q Report through Stelios Jewellers:

1 Visit us in store to have your jewellery valued

2 Receive your valuation certificate

3 Our team will help you complete your application for Q Report cover

4 Your policy begins once accepted and your premium is paid

With no need to submit your jewellery to third parties and the ability to return to us in the event of a claim, the process is fast, convenient, and secure.

Final Thoughts

Jewellery insurance offers peace of mind and financial protection for your most valuable and meaningful possessions. As a Q Report preferred jeweller, Stelios Jewellers is committed to helping you protect what matters most.

We invite you to visit us to learn more about your options and discover how to protect your jewellery with a tailored insurance policy. Let us help you ensure that your jewellery continues to shine for generations.
Learn more about protecting your jewellery with Q Report by contacting our team today.