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Jewelry is a precious gift that typically signifies an important memory or event in our lives. Aside from the deep meaning behind these treasured pieces, we seem to forget about the major financial value. Usually the most cherished (and expensive) piece of jewelry we own is a wedding ring. Have you ever thought about how devastating it would be if the ring got damaged or even lost? It is something that we don’t normally think about, but definitely should! Lavalier is a company that sells personalized jewelry insurance. We spoke with a few of their insurance and jewelry experts to get some more information and insight on how it works! 
What is Lavalier?
 Lavalier is a jewelry insurance business that’s all about the customer. We’re a team of insurance and jewelry experts, and we know, from our own experience and our clients’, how much jewelry can mean. Engagement and wedding rings signify lifelong, one-of-a-kind commitments. A watch passed from father to son is a timeless reminder of the past (and a gift to future generations). Because we understand how important jewelry can be, we also know how devastating it is to lose, or worse yet, have stolen. For all of those reasons – and because we’re passionate about great customer service – we make it easy and convenient for people to purchase comprehensive, personalized jewelry insurance that works for them.  
 Why should someone buy jewelry insurance?
 The fact is that jewelry is more than just a material good; it represents precious memories and important moments in your life.  Jewelry is also a major financial investment. For many people, jewelry is one of the most, if not the most, valuable things they own. When you have complete jewelry insurance, you don’t have to worry about that. In the unfortunate event that something does happen to your jewelry – whether damage, theft, or just plain old loss –you’re covered.
 Why should brides, especially, look into ring insurance?
 What we said a moment ago about jewelry being an investment: that’s especially true for a newly engaged couple.  So it’s important to protect that investment as fully as possible. While most rings come with warranties, these don’t provide much coverage beyond manufacturing defects and sometimes wear and tear. Homeowner’s or renter’s insurance often have a maximum coverage amounts much less than the cost of the ring, and that doesn’t cover every situation. Ring insurance from Lavalier, on the other hand, protects your ring in pretty much every circumstance, so you can feel free to show it off on the beach, at work, at the gym, or wherever else life takes you.
 How much does it cost to insure the average item?
Insurance through Lavalier is personalized, so you can choose the deductible you want to pay in the case of an unfortunate event. You can even choose a zero deductible. In general, insurance costs 1-2% of the price of the jewelry. So, for example, with an average engagement ring cost of $5,000, you can expect to pay between $50 and $100 per year. That’s less than $10 a month!
Are there different types of insurance that you sell?
We believe that jewelry insurance should be easy to understand. We’ve all heard horror stories of people who have lost an item they thought was insured, only to hear that it wasn’t covered due to some obscure loophole. That’s why all of the insurance we sell is comprehensive, covering damage, theft, loss, ‘mysterious disappearance,’ (fancy wording for unexplained loss) and pretty much every other situation besides nuclear contamination and war. 
 There are differences in how you pay for your plan. You can choose to have a higher deductible and lower premiums, or a lower deductible and higher premiums. It all depends on what’s right for you and your situation.
 What does this insurance cover – damage, stolen, lost?
 Our policies are “all risk,” so unless it’s specifically excluded, we’ve got you covered. Whether your jewelry is lost, stolen, damaged, swallowed up in an earthquake, floated away in a flood, or just mysteriously disappeared, you can be confident in about your coverage anywhere in the world. We even cover newly purchased jewelry that you haven’t yet added to your policy.  
 What are some benefits of jewelry insurance?
 We’ve already talked about coverage benefits. But an equally important thing to think about is what happens if you ever need to file a claim. When insured through Lavalier, you work with your jeweler – whether that’s Tiffany, Cartier, or the local jeweler you’ve trusted for years – not a jeweler that’s forced on you, doing repairs and replacements as cheaply as possible (some insurance companies that don’t focus on jewelry insurance take this approach). We know you took great care in selecting your jewelry, and we believe you deserve equal care if you ever need to have it repaired or replaced.
Do you know anyone who has lost or damaged a piece of jewelry and wishes they had insurance?
 Oh, yes, I’ve heard more stories than I can count.  Some of our clients come to us to get insurance for a replacement ring after they’ve lost the original. Losing that investment once is enough to make them say, “Never again!” So the next time they buy an expensive piece of jewelry, they always go for insurance.
 What are some advantages of working with your company over another?
 We know people are busy, and we wanted to create an easy way for people to get full-coverage jewelry insurance without a lot of hassle. Lavalier is simple and quick, and you can apply online. You can get a quote in under a minute and can buy your insurance in just a few more – all on your own time. But it’s also easy to talk to a real person if you prefer. Our team of gemologists and insurance experts are ready to answer any questions you have and help you purchase the right type and amount of coverage quickly and easily. No other company focuses on the customer like we do.
Anything else on your specific company or jewelry/wedding ring insurance!
Jewelry insurance is a small investment, but it gives you such peace of mind. You never think something will happen to your jewelry – then when it does, it’s devastating.  It’s even worse to think you’re covered for something on a homeowner’s or renter’s policy, only to find out that at best you’re only covered for a cheap replacement. Lavalier takes the guesswork out of the equation: you know you’re covered, and you know that if something happens, you can get your jewelry fully replaced! And that makes everyone happy.

 

Jewelry is a precious gift that typically signifies an important memory or event in our lives. Aside from the deep meaning behind these treasured pieces, we seem to forget about the major financial value. Usually the most cherished (and expensive) piece of jewelry we own is a wedding ring. Have you ever thought about how devastating it would be if the ring got damaged or even lost? It is something that we don’t normally think about, but definitely should! Lavalier is a company that sells personalized jewelry insurance. We spoke with a few of their insurance and jewelry experts to get some more information and insight on how it works!

What is Lavalier?

 Lavalier is a jewelry insurance business that’s all about the customer. We’re a team of insurance and jewelry experts, and we know, from our own experience and our clients’, how much jewelry can mean. Engagement and wedding rings signify lifelong, one-of-a-kind commitments. A watch passed from father to son is a timeless reminder of the past (and a gift to future generations). Because we understand how important jewelry can be, we also know how devastating it is to lose, or worse yet, have stolen. For all of those reasons – and because we’re passionate about great customer service – we make it easy and convenient for people to purchase comprehensive, personalized jewelry insurance that works for them.  

 Why should someone buy jewelry insurance?

 The fact is that jewelry is more than just a material good; it represents precious memories and important moments in your life.  Jewelry is also a major financial investment. For many people, jewelry is one of the most, if not the most, valuable things they own. When you have complete jewelry insurance, you don’t have to worry about that. In the unfortunate event that something does happen to your jewelry – whether damage, theft, or just plain old loss –you’re covered.

 Why should brides, especially, look into ring insurance?

 What we said a moment ago about jewelry being an investment: that’s especially true for a newly engaged couple.  So it’s important to protect that investment as fully as possible. While most rings come with warranties, these don’t provide much coverage beyond manufacturing defects and sometimes wear and tear. Homeowner’s or renter’s insurance often have a maximum coverage amounts much less than the cost of the ring, and that doesn’t cover every situation. Ring insurance from Lavalier, on the other hand, protects your ring in pretty much every circumstance, so you can feel free to show it off on the beach, at work, at the gym, or wherever else life takes you.

 How much does it cost to insure the average item?

Insurance through Lavalier is personalized, so you can choose the deductible you want to pay in the case of an unfortunate event. You can even choose a zero deductible. In general, insurance costs 1-2% of the price of the jewelry. So, for example, with an average engagement ring cost of $5,000, you can expect to pay between $50 and $100 per year. That’s less than $10 a month!

Are there different types of insurance that you sell?

We believe that jewelry insurance should be easy to understand. We’ve all heard horror stories of people who have lost an item they thought was insured, only to hear that it wasn’t covered due to some obscure loophole. That’s why all of the insurance we sell is comprehensive, covering damage, theft, loss, ‘mysterious disappearance,’ (fancy wording for unexplained loss) and pretty much every other situation besides nuclear contamination and war.

 There are differences in how you pay for your plan. You can choose to have a higher deductible and lower premiums, or a lower deductible and higher premiums. It all depends on what’s right for you and your situation.

 What does this insurance cover – damage, stolen, lost?

 Our policies are “all risk,” so unless it’s specifically excluded, we’ve got you covered. Whether your jewelry is lost, stolen, damaged, swallowed up in an earthquake, floated away in a flood, or just mysteriously disappeared, you can be confident in about your coverage anywhere in the world. We even cover newly purchased jewelry that you haven’t yet added to your policy.  

 What are some benefits of jewelry insurance?

 We’ve already talked about coverage benefits. But an equally important thing to think about is what happens if you ever need to file a claim. When insured through Lavalier, you work with your jeweler – whether that’s Tiffany, Cartier, or the local jeweler you’ve trusted for years – not a jeweler that’s forced on you, doing repairs and replacements as cheaply as possible (some insurance companies that don’t focus on jewelry insurance take this approach). We know you took great care in selecting your jewelry, and we believe you deserve equal care if you ever need to have it repaired or replaced.

Do you know anyone who has lost or damaged a piece of jewelry and wishes they had insurance?

 Oh, yes, I’ve heard more stories than I can count.  Some of our clients come to us to get insurance for a replacement ring after they’ve lost the original. Losing that investment once is enough to make them say, “Never again!” So the next time they buy an expensive piece of jewelry, they always go for insurance.

 What are some advantages of working with your company over another?

 We know people are busy, and we wanted to create an easy way for people to get full-coverage jewelry insurance without a lot of hassle. Lavalier is simple and quick, and you can apply online. You can get a quote in under a minute and can buy your insurance in just a few more – all on your own time. But it’s also easy to talk to a real person if you prefer. Our team of gemologists and insurance experts are ready to answer any questions you have and help you purchase the right type and amount of coverage quickly and easily. No other company focuses on the customer like we do.

Anything else on your specific company or jewelry/wedding ring insurance!

Jewelry insurance is a small investment, but it gives you such peace of mind. You never think something will happen to your jewelry – then when it does, it’s devastating.  It’s even worse to think you’re covered for something on a homeowner’s or renter’s policy, only to find out that at best you’re only covered for a cheap replacement. Lavalier takes the guesswork out of the equation: you know you’re covered, and you know that if something happens, you can get your jewelry fully replaced! And that makes everyone happy.