The Importance of Jewelers Block Insurance

Running a company in the jewelry business can involve everything from ordering merchandise to managing payroll. If you operate a jewelry company, then you know how important it is to protect your company with the right insurance policy. Getting a jewelers block insurance policy can be a good way to minimize risks and provide peace of mind.


A block jewelers plan offers coverage and is considered a warranted policy. This type of policy is typically more comprehensive than other types and can be a good fit for larger companies.

It covers all the items in the inventory, and jewelers must submit a list of the inventory values when submitting an application. Companies must update the list as needed to ensure adequate coverage.

Coverage Options

Depending on the state, insurance company and the needs of your company, coverage can vary. However, most policies should offer coverage for the basics, including:

  • Shipments
  • Inventory
  • Travel
  • Theft
  • Damage

Jewelers can select from different insurance policies. The size of your company, location and other factors can impact the final decision.

While no one wants to think about worst-case scenarios, operating a business comes with certain risks. Protecting your company with the right insurance policy can help reduce some of your concerns and allow you to focus your attention on other aspects of your company.