Everything You Need to Know About Jewelers Block Insurance
A jewelers block insurance policy covers you in the event of a business catastrophe—provided you’ve read, and abided by, the fine printYou’re probably familiar with your auto and homeowner’s insurance policies, but what about insurance for your business? Not only can these policies be more complicated, but the stakes are higher: Overlook a detail in the fine print, and your claim in the event of theft or other kind of loss might be denied.
As a business owner, you already know you need liability and business interruption insurance coverage, plus a general business policy that covers your store, display cases, furniture, computers, and so forth.
Notice what’s missing from that list? The jewelry itself.
“The problem with a business owner policy is that there is a very limited amount of coverage for jewelry that is above a certain price limit like $50 or $100. It may o
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