Jewelry Floater

A jewelry floater is a type of insurance policy that covers the loss of jewelry due to theft, damage, or other circumstances. It is typically used to insure expensive jewelry items, such as diamonds, rubies, and sapphires.

Jewelry floaters can be purchased from a variety of insurance companies. The cost of the policy will depend on the value of the jewelry being insured, as well as the type of coverage that is desired.

Most jewelry floaters will cover the loss of jewelry due to theft, fire, or other disasters. Some policies may also cover the loss of jewelry due to damage, such as scratches or cracks.

It is important to read the policy carefully before purchasing a jewelry floater to make sure that you understand what is covered and what is not. Some policies may have exclusions, such as for loss due to wear and tear or loss due to intentional damage.

Jewelry floaters can be a valuable way to protect your valuable jewelry items. However, it is important to choose a policy that is right for you and to understand the terms of the policy before you purchase it.

Here are some additional tips for purchasing a jewelry floater:

• Shop around for different policies and compare prices.
• Make sure that the policy covers the type of jewelry you want to insure.
• Consider the deductible for the policy.
• Read the policy carefully before you sign it.

By following these tips, you can help to ensure that you have the right coverage for your valuable jewelry items.