Why do jewelry businesses need insurance?

Jewelers and jewelry shops typically have large, expensive collections of property that need to be protected, and a lot of businesses travel with and ship valuable jewelry, which presents a vast financial exposure. Oyster can help reduce this exposure by getting you the right coverage for your business.

What coverage do jewelry businesses need?

General Liability

General Liability (GL) protects your business from legal claims and liability that arise from your operations. Jewelers and jewelry shops in particular carry many inherent liability risks, so GL is always recommended.

Business Owner’s

Business Owner’s (BOP) combines your liability and property coverages to protect you from liability lawsuits, theft, and lost business income.

Workers’ Compensation

Workers’ compensation ensures that your employees are covered from on-site injury and illness, including lost wages and medical expenses.

Jewelers Block

Jewelers Block provides coverage for risks inherent to jewelry businesses, such as protection of your inventory, goods, and raw materials from theft and damage, appraisal liability, and theft and loss at or in-transit to and from exhibitions and events.

What types of jewelry businesses can Oyster cover?

Oyster can cover most jewelry businesses with few restrictions, including businesses that sell fine jewelry, antique jewelry, loose stones, precious gems; jewelers that work directly with molds, die, and casts; jewelry manufacturers, retailers, and wholesalers; and businesses that travel to events and exhibitions.

Get started today

Oyster makes it easy to get started with an online quote flow. Start today and get a free quote.

Get a free quote