We chose JIBNA as the best for a personalized experience based on the fact you get to work with an agent to purchase your policy and file any claims. Policyholders of both insurers are members of Jewelers Mutual Holding Company. (If you insure through us, it will definitely be of the same kind and quality!). For example, a policy might only pay up to $1,000 for jewelry claims, regardless of the value of the piece. With a repair or replacement policy, you don't have to worry about how the insurance company calculates your reimbursement. An appraisal is needed … Get worldwide coverage that moves with you, A maximum policy limit of $100,000 (and $35,000 per piece) applies, although exceptions may be granted. This means you won’t face sudden, surprise charges when you go to file a claim, and it makes Zillion our pick for best coverage with no deductible. May 10, 2016 - During a jewelry insurance claim, how will you be compensated? Can I buy a blanket policy for my entire collection, or do I have to insure individual items? Read an explanation of how jewelry insurance works for both a reimbursement and replacement policy. "Zillion About." Set up an appointment to meet personally with your insurance agent to make sure … ACV has many more grey areas and may leave you with extra out-of-pocket expenses after a claim.