What Kind of Insurance Do I Need for a Jewelry Store?
- Nate Jones, CPCU, ARM, CLCS, AU
- Nov 4
- 2 min read
Updated: Nov 16
Starting a jewelry store comes with unique risks that require specialized insurance coverage. From protecting high-value inventory to safeguarding against theft, property damage, and employee dishonesty, having the right jewelry store insurance is essential for your business.
At Wexford Insurance, we help jewelry store owners, designers, and repair shops find comprehensive coverage tailored to their needs.
Why Jewelry Store Insurance Matters
Jewelry businesses face risks that go beyond standard retail operations. High-value items, customer property, and even cyber threats make it critical to work with an insurance agency that understands the jewelry industry. Without proper coverage, a single incident could lead to significant financial loss.
Types of Insurance Coverage for Jewelry Stores
This coverage protects your business from third-party claims of bodily injury, property damage, or personal injury. For example, if a customer slips and falls in your store, general liability insurance can help cover medical expenses and legal costs.
Your store’s physical location, display cases, and inventory need protection against fire, theft, vandalism, and other covered perils. This policy ensures your business can recover quickly after unexpected damage.
This is the cornerstone of jewelry business insurance. Jewelers block coverage protects your inventory whether it’s in your store, in transit, or temporarily in a customer’s possession. It’s designed specifically for jewelers and offers broad protection for high-value items.
If you have employees, workers’ compensation is typically required by law. It covers medical expenses and lost wages if an employee is injured on the job.
If your business uses vehicles for deliveries or transporting jewelry, commercial auto insurance is essential. It covers accidents, property damage, and liability related to business vehicles.
Jewelry stores often handle sensitive customer data and online transactions. Cyber liability insurance protects your business from data breaches, hacking, and other cyber risks.
Why Choose Wexford Insurance?
At Wexford Insurance, we specialize in jewelry store insurance. We understand the unique challenges jewelry store owners face and work with top carriers to provide tailored solutions. Whether you’re starting a new jewelry store or expanding your operations, we can help you secure the coverage you need.
Final Thoughts
Insurance for a jewelry store isn’t just a formality—it’s a critical investment in your business’s security and longevity. From protecting your inventory to covering liability risks, the right coverage ensures peace of mind. Partnering with a specialized agency like Wexford Insurance means you’ll have experts who understand the jewelry industry and can tailor solutions to your needs.
Contact us today to get started.