Owning expensive, high-end jewelry can be a great investment. Protecting that investment, however, requires a few special considerations. Jewelry is meant to be worn, but expensive pieces often draw the eye of less than scrupulous characters who might want to divest you of that necklace or bracelet. Here are some tips on how to protect your high-end jewelry.
Insurance – Any piece of expensive jewelry can be insured. Before assigning an insurance value to it, the piece will need to be professionally appraised. Once appraised, you can begin making insurance payments to protect it in case it is lost or stolen.
Safe Deposit Box – Don’t leave your jewelry lying around the house. When not being worn, it should be stored in a safety deposit box at a secured bank. This is the safest possible place for it. Or, use cash loans to buy a quality safe and keep the jewels locked up at home.
Homeowner’s Insurance – A part of homeowner’s insurance is the value of the contents of the home. When you purchase an expensive piece of jewelry, take pictures of it and store the receipt in a safe location. That way if something happens to it you can prove that you owned it.
Hide Jewelry – If you insist on keeping expensive jewelry at home, hide it well and never leave it in the original box. Find an inconspicuous location; thieves will look in drawers, under mattresses and in the freezer. Be more creative than this.
Protecting expensive jewelry is a responsibility that comes with owning it. By taking these reasonable precautions you’ll have your beautiful jewelry for years to come.