Properly Insure Your Jewels

Properly Insure Your Jewels

Today, gold closed at $1309.10 per ounce.  Etler-Kettenacker Agency is urging their clients and friends to re-evaluate your jewelry insurance needs.  In order to properly insure your jewels you will most likely need to have an appraisal performed on your fine jewelry if the pieces have been purchased more than a year ago.  The cost of gold, platinum and some gem stones are going up on a daily basis.  For this reason, it is important to have your fine jewelry appraised at today’s prices in order to properly insure your jewels.  Check out EK Agency’s full page on this topic at http://www.ekagency.com/properly_insure/your_jewels.aspx.    

It is a good possibility that you and your family are not carrying enough coverage to replace your jewelry at this point in time.  Adding additional coverage to your homeowners or renter’s property coverage is nominal and very much worth the expense to properly insure your jewels.  On average, the premium is approximately $2 for each $100 in jewelry coverage.  Contact Etler-Kettenacker Agency to review your jewelry coverage.     

Helpful hint:  The shape of diamond that always retains its value and is literally timeless is the round diamond.