Insurance for jewellers – why it matters
Whether you’re a jewellery maker or seller, as someone who handles high-value items every day you’re no stranger to risk. Robberies are rare but they’re something you have to consider, along with accidental damage to your stock or your shop. Insurance covers other risks too – in a digital world cyber and data risks can’t be ignored. Hiscox can tailor your insurance policy, so you’re never left high and dry in the face of disaster.
Why jewellers need insurance
No one likes to think of it happening to their business, but any jeweller knows they’re a potential target for criminals. Even if you take every precaution, thieves can be very organised and very determined, so there’s always the risk of a break-in and expensive losses. Make sure you’re covered with a tailored insurance policy that understands and responds to the specific needs of your business.
Fires, floods and other damage
Insurance shouldn’t just protect what’s inside, it should cover the premises too. Flooding, fire or faulty electrics could mean your shop needs to close, maybe for weeks, which could lead to a serious loss of revenue and even a damaged reputation. If this happens to you, we’ll be there to help cover the costs and get your business up and running again as quickly as possible.
Accidents and illness
If you employ anyone, employers’ liability insurance is a legal requirement in case someone claims they’ve fallen ill because of their job. But as someone who deals with the public, you also need to think about what you’d do if a customer hurt themselves in your shop and brought a claim against you. If they decide to take legal action, we’ll be there to cover the cost.
If you’re not sure what you need, tell us a little more about your jewellers business. We’ll help you to build your quote and explore any other insurance needs.Build my cover
Key types of insurance for jewellers
These are just some of the types of business insurance for jewellers that we can offer. We can provide other specific types of cover and build them into a policy that’s tailored to the exact needs of your business.Get your quote