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Got new jewellery? 3 things to do now

08/2021
stack of ring

If you received a new piece of jewellery for the holidays, Valentine's Day, or other celebratory event, we’ve got a few tips to help ensure that you enjoy it for years to come.

 

  1. Store it in a safe place

    If you’re not wearing it, you may want to keep your fine jewellery in a bank safe or an in-home safe that has a tool and torch resistant rating of 30 minutes or more (TL-30/TR-30), is too heavy for a burglar to carry or is bolted to the floor or home structure.

     

  1. Get it appraised

    If you’re not sure of the value, seek out a professional appraiser who can document the actual value of your piece.

  2. Add it to your insurance

    Your homeowner’s insurance may not fully cover expensive jewellery. You may wish to consider purchasing a policy that provides accidental damage cover, as well as automatic coverage for newly acquired jewellery pieces. If you’ve already got a policy with valuable articles coverage, make sure to add your new piece to this schedule.

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