New Survey Details Impact of Jewelry Loss

A recent survey conducted by Perfect Circle Jewelry Insurance by Jewelers Mutual Insurance Company found that over half of respondents had lost a piece of jewelry that was either emotionally or monetarily valuable.

The survey of 600 married women in the United States found that most of the jewelry these women lost was valued at under $5,000; however, the true value was in the emotional connections the women had with their pieces. Nearly three-quarters of the women rated the loss as emotionally jarring and upsetting. Additionally, over two-thirds of these women never replaced the piece because they did not have insurance to fully cover their loss.

Nearly three-quarters of survey respondents reported that the piece they lost was a gift from someone else, leading to the emotional impact of the missing item. H.

A personal jewelry insurance policy offers individuals broad coverage, including repair or replacement of jewelry, in the event of a loss, theft, mysterious disappearance and/or damage.

Source: Jewelers Mutual Insurance Company