It is worth more than your limit
An engagement ring or watch worth more than your contents policy pays for jewellery.
8 jewellery insurance providers
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8 providers · A–Z
| Provider | Who they work with | Cover areas | Items covered | More info |
|---|---|---|---|---|
Australian Watch InsuranceDistributorAboutWatches only, not other jewellery. A standalone watch policy with worldwide cover and agreed value, available only to Australian Watch Club members. It distributes a policy issued by Quantum Underwriting Agencies, which also issues Jewelsure. Watch collections over $100,000 need a direct enquiry. | Watch owners, Watch collectors, Australian Watch Club members |
| Visit provider | |
CentrestoneUnderwriting agencyAboutA standalone jewellery policy for items worth $500 or more, insured by Berkley Insurance Australia. It covers rings, other jewellery and luxury watches, and is also offered through participating jewellers. Some men’s jewellery, such as chains and bracelets, is excluded. | Engagement and wedding ring owners, Watch owners, Jewellery buyers |
| Visit provider | |
Diamond Guild MasterCareUnderwriting agencyAboutWorldwide jewellery insurance underwritten at Lloyd’s, sold only through Diamond Guild Australia member jewellers. Existing pieces may be added after revaluation, at the member jeweller’s discretion. Claims are replaced through your Diamond Guild jeweller. | Buyers from Diamond Guild jewellers, Engagement and wedding ring owners |
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JewelCoverUnderwriting agencyAboutA standalone policy for jewellery and watches worth $2,000 or more, with worldwide cover. Insured by Chubb and sold by Jewellers Loop, which also sells Q Report. The two products pay different amounts above the sum insured. | Engagement and wedding ring owners, Watch owners, Owners of several valuable pieces |
| Visit provider | |
JewelsureUnderwriting agencyAboutA standalone jewellery policy underwritten at Lloyd’s and issued by Quantum Underwriting Agencies. You apply online or through an approved Jewelsure jeweller. It covers rings, necklaces, earrings, bracelets and watches with a recognised valuation, anywhere in the world. | Engagement and wedding ring owners, Watch owners, Jewellery buyers |
| Visit provider | |
Keystone UnderwritingUnderwriting agencyAboutA collectibles and valuables policy for jewellery, watches, art and other collections, sold only through brokers and backed by Lloyd’s. It pays an agreed value. Worldwide cover is available for jewellery and watches that are worn. | Private collectors, Owners of high-value jewellery and watches |
| Visit provider | |
Q ReportUnderwriting agencyAboutA standalone policy for jewellery and watches worth $2,000 or more, with worldwide cover. Insured by Chubb and sold by Jewellers Loop, which also sells JewelCover. | Engagement and wedding ring owners, Watch owners, Owners of several valuable pieces |
| Visit provider | |
RingoUnderwriting agencyAboutStandalone jewellery insurance sold online by Centrestone under the Ringo name, insured by Berkley Insurance Australia. The minimum insured value is $500. It covers rings, necklaces, bracelets and earrings, but not some men’s jewellery such as chains and bracelets. | Engagement and wedding ring owners, Jewellery owners |
| Visit provider |
We compare a selection of providers. We don’t compare prices. Policy terms and eligibility apply.
About this comparison
The table shows cover areas and other details that may help you compare providers. It is not a full policy comparison.
Provider information comes from published documents and provider websites. Listings must support the filters you choose to appear in your results.
When a separate policy makes sense
Home contents insurance may already cover some of your jewellery. A separate policy is worth a look in these situations.
You wear it every day
Rings and watches go everywhere. Separate policies usually cover them away from home.
You travel with it
Many separate policies cover pieces anywhere in the world.
You have several pieces
Rings, watches and other jewellery insured together. A broker can help with high values.
Why insure jewellery separately
Home contents insurance usually covers jewellery, but often only at home and only up to a limit. A $9,000 engagement ring can be worth more than the limit for all your jewellery combined.
Rings and watches also go everywhere with you. Losing a ring at the beach or having a watch stolen overseas is a different claim from a burglary at home. A separate jewellery policy is built for those situations, and you do not need home insurance to buy one.
This comparison lists standalone jewellery and watch policies, plus one broker option for collections. It does not list home contents insurers. It covers jewellery owned by individuals in Australia. Jewellery owned by a business, such as a jeweller’s stock, needs a different policy. We compare a selected panel, not the whole market.
What to check before you buy
- What your home contents policy already covers, so you do not pay twice
- Any minimum or maximum value for each piece
- Whether accidental loss is covered, including when you cannot say how it happened
- How a claim is settled: repair, replacement, an agreed amount or cash
- The excess, and whether you can use your own jeweller for repairs
- What valuation you need, and how often it should be updated
How Specialist Compare works
1
Browse the provider list
See standalone policies and a broker option before answering any questions.
2
Narrow the list if you want
Filter by what you are insuring. The provider confirms whether it will cover you.
3
Choose who to contact
Visit a provider, ask your jeweller or speak with a broker. We do not collect contact details or send your answers to providers.
What affects a jewellery insurance quote?
We do not compare premiums. Give each provider the same details so you can compare quotes fairly.
Value and valuation
The insured value, and whether it is backed by a receipt or a recent valuation.
Where it is kept and worn
Your address, home security and whether you wear it daily or keep it in a safe.
Cover and excess
The excess, and how much the policy pays above the sum insured if replacement costs rise.
What jewellery insurance can cover
Theft
At home, while you wear it and while you travel.
Accidental loss
A ring slipping off or a watch left behind. Check whether loss without a known cause is covered.
Accidental damage
A lost stone or a cracked watch face. Wear and tear is usually excluded.
Travel
Many policies cover pieces anywhere in the world. Some countries can be excluded.
Cover depends on the product. Read the PDS, including exclusions such as wear and tear and damage during cleaning or repairs.
Jewellery insurance FAQs
Do you compare jewellery insurance prices?
No. We show providers that may cover your jewellery. The premium and acceptance come from the provider.
Is my jewellery already covered by home contents insurance?
Often, but usually only up to a limit and sometimes only at home. Many policies cap each piece or all jewellery combined unless you list it. Check your policy schedule and PDS before deciding whether you need more.
Why would I insure jewellery separately?
A separate policy covers only the pieces you list, usually anywhere in the world, and you do not need home insurance. It can suit a piece worth more than your contents limit, or jewellery you wear every day.
Am I covered if I lose a ring?
It depends on the policy. Many jewellery policies cover accidental loss, including when you cannot say how it happened. Check the wording before you buy.
Do I need a valuation?
Often, yes. Insurers usually ask for a receipt or a recent valuation, and some require one for inherited or high-value pieces. Update it every few years because prices change.
Are these all separate insurers?
No. Q Report and JewelCover are both insured by Chubb. Centrestone and Ringo are insured by Berkley. Jewelsure and Diamond Guild MasterCare are underwritten at Lloyd’s. The products still differ.
Does a listed provider mean my jewellery is covered?
No. A provider is shown because our research found it offers cover for what you selected. Whether it covers your piece depends on its value, any minimum, the policy terms and the insurer’s decision. Read the PDS before buying.