Do I need special jewelry insurance coverage for shipments, repairs, or items held for repair?

Yes. Most jewelry businesses benefit from bailee’s coverage, which extends protection to: 

  • Customer items left for repair, cleaning, or resizing 
  • Shipments to and from vendors or clients 
  • Merchandise displayed at events or stored off-site 

Without this coverage, you could be responsible for replacing customer property if it’s lost or damaged while in your care. 

By Heather

Heather focuses on small business insurance at Gild Insurance Agency, writing clear, practical guidance that helps business owners understand coverage, manage risk, and protect their businesses.