Small Business Insurance That is Competitively Priced and That Provides the Gold Standard in Protection in 3 Fast and Easy Steps

• Get instant online Quick Quote premium indication in about 3 minutes.
• Request phone call from experienced insurance agent to finalize your formal proposal.
• Accept proposal and your coverage confirmation may be emailed in minutes.

These stores engage in the retail sales of fine jewelry or inexpensive costume jewelry. Watches, clocks and/or sterling and plated silverware may be sold along with fine jewelry. Fine jewelry stores typically sell jewelry made of precious stones mounted in rings, earrings, bracelets, necklaces and broaches made of precious metal. Most fine jewelry stores offer re-sizing, repair, custom-designing and cleaning services. Costume jewelry is made with low-value materials such as plastic and cubic zirconia, and may be sold along with other inexpensive fashion accessories.

General Liability Insurance for Jewelry Stores – Sufficient walk space must be provided throughout jewelry stores with no potential hazards for customers to trip and fall. Glass counters and jewelry cases should be free of defects and sharp corners to prevent customer injury. All displays cases must be sturdy in order to prevent tip over injuries. Exits must be clearly marked and easily accessible. The premises outside the store must be free from defects and safe for public foot traffic. Products liability in jewelry stores is not usually a concern.

Workers’ Compensation Insurance for Jewelry Stores – Jewelry store employees working on repairs and manufacturing may be injured from the use of tools, equipment and chemicals used. On the job training should be provided as a result. Personal protective gear should also be worn when necessary. Lifting heavy objects may also be a concern for injury. Training on proper lifting techniques and safety precautions will help prevent injury.

Business Auto Insurance for Jewelry Stores – Business travel may result from jewelry store employees who attend trade shows, training classes, or run an occasional errand. If vehicles are owned by the store, business auto risks can be lowered if the vehicles are of a recent model and are maintained and serviced regularly by an outside contractor.

Property Insurance for Jewelry Stores – Neighboring businesses may increase the risk of fire if the jewelry store is located in an area such as a strip mall. The building should be constructed with a one-hour firewall extending through the roof between businesses. Property insurance risks are high at jewelry stores that do repair work due to the soldering of metals. Stores that also manufacture their own jewelry are at an even higher risk. Jewelry can be damaged when setting stones or heating metal. Jewelers Block coverage will be needed to insure the jewelry itself. Items other than jewelry may be covered under either the property or jewelers block section. If valuable jewelry is sold, the risk of theft is very high. Security systems and alarms should be used to help lower the risk of theft. Safes and vaults should be kept secure at all times. Jewelry displayed in windows poses another risk of theft by outsiders.

Crime Insurance for Jewelry Stores – Jewelry is small in size and may be of high value, therefore greatly increasing the risk of employee theft. Money and securities are also at risk of being stolen by employees, outside robbers or burglars. Stringent inventory controls should be implemented at jewelry stores to reduce the risk of employee theft. Prospective employees should be required to undergo rigorous pre-employment screening that includes a detailed application, reference checks, and a criminal background check.