Protecting Your Asset: Diamond Care & Security
Routine Maintenance for High-Carat Diamonds
Professional Inspections: Your First Line of Defense
Insurance & Appraisal: Securing Your Investment
Protecting your diamond financially is as important as physical care. Proper insurance coverage and regular appraisals create a safety net that provides peace of mind and financial security should the unexpected occur.
Specialized Jewelry Insurance
Standard homeowners policies often provide inadequate coverage for high-value diamonds. Specialized jewelry insurance offers comprehensive protection including mysterious disappearance, damage, and full replacement value without deductibles. Leading providers include Jewelers Mutual, Chubb, and Lavalier.
Professional Appraisals
Obtain appraisals from certified gemologists (GIA or AGS credentials) every 2-3 years to account for market value fluctuations. Your appraisal should include detailed descriptions, measurements, photographs, and current replacement values for insurance purposes.
Documentation Best Practices
Maintain comprehensive records including original certificates, purchase receipts, appraisal updates, and high-quality photographs from multiple angles. Store digital copies securely in cloud storage and keep physical documents in a fireproof safe.
2-3
Years Between Appraisals Professional reappraisal frequency for accurate insurance coverage$150
Average Appraisal Cost Typical investment for comprehensive gemological evaluation1-2%
Annual Insurance Premium Percentage of appraised value for specialized coverageYour Complete Diamond Protection Checklist
- Remove jewelry before activities involving chemicals, impact, or abrasion
- Perform weekly at-home gentle cleaning with proper solution
- Store each piece separately in soft pouches or lined compartments
- Inspect for obvious looseness or damage before each wearing
- Schedule professional cleaning and inspection every 6 months
- Update appraisals every 2-3 years with certified gemologist
- Maintain active specialized jewelry insurance policy
- Keep all documentation current and securely stored