If you received a new piece of jewelry for the holidays, Valentine’s Day, or other celebratory event, we’ve got a few tips to ensure that you can enjoy it for years to come.
1. Store it in a safe place
If you’re not wearing it, you may want to keep your fine jewelry in a bank safe or an in-home safe that has a tool and torch resistant rating of 30 minutes or more (TL-30/TR-30), is too heavy for a burglar to carry or is bolted to the floor or home structure.
Tweezers holding a diamond up close with other diamonds sitting on a table
2. Get it appraised
If you’re not sure of the value, seek out a professional appraiser who can document the actual value of your piece.
3. Add it to your insurance
Your homeowner’s insurance may not fully cover expensive jewelry. To provide peace of mind, consider purchasing a valuable articles policy that provides all-risk protection, as well as automatic coverage for newly acquired pieces. If you’ve already got a valuable articles policy, make sure to add your new piece to this schedule.