Why You Might Think You Don't Need Jewelry Insurance (And How We Are Helping You Change That)

Many people believe insuring jewelry is either unnecessary, complicated or too expensive, only to regret not having coverage when life’s unexpected moments occur. With that in mind, let’s explore the most common reasons people avoid insuring their cherished pieces—and how Once provides an affordable, hassle-free solution that eliminates those concerns.

“Insurance Is Too Expensive, and I Don’t Want Another Monthly Bill”

Common Cost Misconceptions

One widespread belief is that insuring jewelry is simply too expensive. Many people assume they’ll be adding an additional monthly or annual fee on top of their usual expenses, making them shy away from even investigating the option. Or they might think that forking over hundreds of dollars a year to insure a piece worth a few thousand isn’t a good value.

In reality, traditional jewelry insurance—often tacked onto a homeowner’s or renter’s policy—can be costly over time, especially when you factor in annual premium increases or possible deductibles. Many policies also come with fine print that reduces the insured amount based on depreciation or requires you to use a specific jeweler to replace your item.

How Once Resolves This Concern

Once has revolutionized the cost structure of jewelry insurance by offering a single, one-time premium that covers you for five full years. Not only does this eliminate the hassle of monthly or annual renewals, but it typically costs around 35% less than paying for five years of traditional insurance. In addition, with Once:

• No Deductibles: When you file a claim, you receive the full insured value—no out-of-pocket expense, no depreciation, and claims are paid directly to you, to repair or replace as you wish .
• Complete Transparency: The price you payup front is the total cost for your five-year term. There are no hidden fees or increments.

Instead of worrying about an ongoing monthly bill, you can invest in a single payment today and rest easy for the next five years. That level of predictability helps people stay within their budgets while ensuring they’re protected.

“It’s Complicated—Dealing with Appraisals and Paperwork”

The Pain Points of Traditional Insurance

Traditional insurers often require official appraisals from certified jewelers or a detailed inspection before approving a policy. You might have to gather documentation, wait for quotes, sign a stack of forms, and speak to multiple agents. Understandably, this can feel daunting.

In addition to the initial paperwork, claims processes with some insurers can be notoriously complex, requiring numerous forms, evidence, and back-and-forth discussions. These typical procedures cause many people to assume that all insurance is complicated and time-consuming.

How Once Resolves This Concern

Once has streamlined the entire experience—taking it from potential hours or days down to just minutes:

1. Online Application: Visit www.onceinsurance.com, answer a few simple questions about your valuable, and get an instant quote—no appraisal needed.
2. Paperless Purchase: Pay for your five-year policy directly on the website. The entire process can be completed in under five minutes.
3. Hassle-Free Claims: In the unfortunate event that you need to file a claim, you’ll fill out a short form online or through the app. Once receives your information, verifies the details, and then issues a direct payment.

For anyone short on time, or simply wary of red tape, this is a huge win. You don’t have to talk to multiple agents unless you want to. If you do need help, friendly support is just a click away.

“I Don’t Trust the Payout—Will I Actually Get the Money?”

Where Traditional Insurance Falls Short

A common worry when it comes to insuring jewelry is whether or not the final payout will truly reflect the item’s value. Some policies factor in depreciation or push you toward a “replacement item” from a specific jeweler rather than giving you a cash settlement. Others have clauses that can significantly reduce your reimbursement based on the item’s age or the cause of the loss.

Moreover, some individuals fear drawn-out claim processes where claims might be heavily scrutinized or denied without full explanation. This erodes trust in the insurance system as a whole.

How Once Resolves This Concern

Once addresses these concerns head-on with a no-nonsense payout policy:

• Full Insured Value: If you insured your watch for $2,500, you’ll receive $2,500—no complicated calculations.
• Cash Settlement: You get the money directly, rather than a forced replacement from a designated jeweler.
• Fast and Transparent: Once’s claims process involves minimal bureaucracy, so approved claims are paid out quickly.

This means you maintain control over how you replace or repair your item, empowering you to find a solution that best fits your preferences—rather than being locked into a single, inflexible option.

“I Don’t Need Separate Jewelry Insurance—My Homeowner’s Policy Will Cover It”

Why Relying on Homeowner’s Insurance Can Be Risky

It’s true that some homeowner’s or renter’s insurance policies include coverage for valuables, but there are often significant limitations:

• Coverage Limits: Many policies cap the coverage for jewelry at a level that might be well below the actual worth of your valuables.
• High Deductibles: You may still need to pay a large deductible before receiving a payout.
• Premium Increases: Filing a jewelry claim can drive up your overall premium or put you at risk for cancellation.

In other words, your homeowner’s policy might only scratch the surface of what you truly need. Worse yet, if you share a claim history on your homeowners insurance, it could impact your rates in the future or limit your coverage options.

How Once Resolves This Concern

Once provides a standalone jewelry insurance policy, meaning it doesn’t affect your homeowner’s or renter’s policy at all. If you ever do file a jewelry claim, it won’t raise the premiums on your home insurance. And since it’s designed specifically for valuables, coverage is more specialized and robust:

• No Claim History Impact: Your claim stays independent from other insurance lines.
• Dedicated Coverage: The entire policy is focused on your jewelry, with no sub-limits.

By separating your jewelry insurance from your home coverage, you gain clarity, better benefits, and peace of mind.

‍

How Once Resolves This Concern

With Once, getting a quote is so fast and free of obligation that it’s worth exploring coverage even if you’re unsure. There’s no appraisal necessary, so you can see the cost of protecting your item immediately. Because the policy can go up to $5,000 in coverage (and will likely expand in the future), there’s flexibility for different levels of valuables. If your item is truly below the threshold, the affordability of a single premium for five years of peace of mind often justifies the decision.

“I’m Always Careful—Nothing Will Happen to My Jewelry”

The Reality of Everyday Risks

It’s perfectly natural to feel like you have your valuables under control. You might store them carefully, wear them only on special occasions, or keep them locked away in a safe. But consider the number of situations in everyday life when jewelry can be lost or damaged:

• Travel: Luggage can go missing, hotel safes can fail, and the hustle of airports can lead to accidental losses.
• Daily Errands: Grocery shopping, running to the post office, or simply grabbing a coffee—any public place increases the risk of theft or misplacement.
• At Home: Fire, theft, or natural disasters like flooding can cause damage in an instant.
• Surprising Moments: Sometimes you remove a ring to wash your hands or place your watch down while fixing a faucet—then forget it entirely.

No matter how vigilant we are, accidents happen. And when they do, the financial and emotional implications can be quite distressing—especially if it’s an heirloom or a priceless gift from a loved one.

How Once Resolves This Concern

Once offers coverage for all jewelry and small valuables, including watches, rings, necklaces, bracelets, cufflinks, and precious gems. That means whether it’s a family heirloom passed down for generations or a modern , high-tech smartwatch, Once has you covered against:

• Loss: If it’s accidentally misplaced, dropped, or otherwise gone for good.
• Theft: Whether at home or traveling, theft is a standard concern for anyone owning fine jewelry.
• Damage: Fire, natural disasters, and various other unexpected calamities can strike at any time.

Rather than hoping your caution alone will prevent any mishaps, you can rely on a robust policy that gives you genuine peace of mind. After all, it’s better to enjoy your possessions than to constantly worry about what could go wrong.

‍

Moving Forward: Ensuring Your Most Cherished Items Are Protected

Quick Steps to Get Covered with Once

If you’re ready to protect your beloved jewelry, the process couldn’t be more straightforward:

1. Get an Instant Quotesome text
   • Visit www.onceinsurance.com and answer a few simple questions about your valuable.
   • No appraisal or extensive paperwork is needed.
   • You’ll receive a quote in seconds, giving you an immediate idea of your total five-year cost.
2. Pay Once, Get Five Years of Coveragesome text
   • Accept the quote and pay securely online via Stripe—Once never stores your payment information.
   • You won’t see any monthly bills or annual renewals. It’s just a single payment that covers your item for half a decade.
   • Your policy documentation is emailed to you promptly. If you ever misplace it, customer support will happily send you another copy.
3. Relax and Enjoy Your Valuablessome text
   • Wear and use your jewelry with confidence, whether traveling or just around town.
   • If something does happen—loss, theft, or damage—filing a claim is just as simple as the signup process.
   • With Once’s “no deductible” model, you’ll receive the full insured amount if the claim is approved, giving you the freedom to replace or repair the item on your own terms.

Don’t wait until a piece is lost or damaged beyond repair to start thinking, “Maybe I should have insured it.” Instead, take a proactive step and see how easily Once can fit into your lifestyle and budget. Visit www.onceinsurance.com today to get started.

Conclusion

The reluctance to insure jewelry is often tied to a handful of misunderstandings about cost, complexity, or the necessity of it all. In truth, the reasons to insure your valuables far outweigh the reasons not to. Life is unpredictable, and while losing an heirloom or a cherished watch can be emotionally distressing, losing them without any form of financial protection can add an enormous extra layer of regret.

Once stands out because it directly addresses each of these objections. Unlike many traditional insurers, it doesn’t require appraisals or complicated paperwork; its single, one-time premium makes coverage accessible and transparent; and the streamlined claims process ensures you get a fast, full-cash payout. This approach is powered by reliable industry leaders— American Specialty Insurance Company (ASIC) as the underwriter—so you know your coverage is backed by seasoned professionals.

To recap the core benefits of Once:

• One-Time Payment for Five Years: Eliminate monthly bills, annual renewals, and stress over increasing premiums.
• Save Approximately 35%: Over the course of five years, you’ll spend around 35% less than you would on equivalent annual policies.
• No Deductibles: You’ll never have to pay out-of-pocket at claim time, and you’ll receive the full insured value in cash.
• Hassle-Free Process: No appraisal required, and the entire sign-up can be done online in under five minutes.
• Standalone Coverage: Keep your homeowner’s or renter’s policy separate, avoiding the risk of higher premiums if you ever file a claim.
• Trusted Partnerships: Developed by experienced insurance professionals and underwritten by an A-rated insurance provider.

If your jewelry matters to you—whether it’s worth $500 or $5,000—protecting it can help you savor life’s moments without holding back. There’s a great sense of relief in knowing that if the worst-case scenario happens, you’re covered. Instead of second-guessing yourself when wearing your favorite necklace or ring in public, you can walk with confidence, focusing on the experience rather than the “what ifs.”

Ultimately, insuring your valuables is about empowering yourself to enjoy them. Many of us buy jewelry to celebrate milestones, remember loved ones, or express our unique style. These pieces often serve as a source of joy—yet they come with the burden of “What if something goes wrong?” With Once, you can remove the worry and focus on the meaning and beauty that your jewelry adds to your life.

So, the next time you catch yourself thinking, “I’m careful enough; I probably don’t need insurance,” remember that life has a way of throwing us the unexpected. Don’t let a precious piece slip away without the security of a policy that’s been designed to help you bounce back. Head over to www.onceinsurance.com, get your free quote, and discover just how simple, affordable, and invaluable peace of mind can truly be.

‍