Steck-Cooper & Co. offers tailored coverages for a variety of businesses in the jewelry industry, including retailers, manufacturers, wholesalers, designers, craftsmen, appraisers, and more!
Our policy combines the Jewelers Block and Business owners policies, providing a package of property and liability coverages that helps avoid coverage gaps and overlaps. The advantage lies in having one policy with one renewal date and one application. Coverage is priced according to your specific policy components.
The Jewelers Block Policy is designed for most types of jewelry operations. This policy covers losses typical in the jewelry industry such as burglary, robbery, sneak theft, fire, and water damage, to name a few.
The Jewelers Block is a comprehensive policy covering:
•Your inventory of jewelry stock for sale, findings, raw materials, and parts for manufacturing and repair;
•Customers’ property (from those not in the jewelry business) that has been delivered or entrusted to you;
•Property of others in the jewelry business that has been delivered or entrusted to you, often referred to as “memo goods”;
•Shipments via Registered Mail™ and Priority Mail Express™ (formerly called Express Mail®), with coverage for other carriers also available via endorsement;
•Damage to customers’ jewelry that may occur while the jeweler is handling or performing bench work on it;
•Jewelry carried or worn by you or your employees while away from your business;
•Merchandise that you take away from your premises for a social occasion or event, such as a fashion show sponsored by a local charity;
•Merchandise displayed in show windows when you are open for business;
•Accounting expenses if we request that you hire an accounting firm to present a claim for property losses caused by covered perils;
•Expense of hiring a trained security guard in the rare instance that we require you to post a guard because of an alarm system failure.
Optional coverage for jewelry at exhibition, on the road with a sales rep, or with a customer is also available.